Price remains range bound at the end of the week after moving mostly sideways. All Elliott wave counts remain valid.
For the very short term, a bounce was expected for this session. The bounce is higher than expected, but it remains below the Elliott wave invalidation point.
A small range inside day leaves all Elliott wave counts essentially the same.
Further downwards movement fits the main Elliott wave count.
A small range Doji candlestick for Monday sees both Elliott wave counts remain the same.
Price is now range bound. Two Elliott wave counts are used to map out possible movement and targets after a breakout in either direction.
Two main Elliott wave counts are published today. Confidence and invalidation points will be used to indicate which is correct.