I am more inclined to forget the elliott patterns on these ones. It was in one of my lists ages ago. I would be looking to take a more traditional breakout here, from the channel, i.e. 4.2c break. It's actually a similar pattern to TNR but the OBV took a dive with the SP from 8c. The weekly MACD is climbing but the SP is sideways, seems to be some divergence there, will it start to stack some HH's and HL's from this base period? Will add back into a watch list for sure.
I am more inclined to forget the elliott patterns on these ones....
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