DNotes has broken out of the triangle pattern in the four-hour chart.

https://s11.postimg.org/vo6su0r77/nimet_n.png

(*Chart courtesy of Tradingview.com*)

In Elliott Wave terms, DNotes began a wave one advance on March 10. The wave one (sub-waves i-v) finished on June 10, and the wave two (sub-waves a-b-c) correction ended on August 14. If this wave count is correct, DNotes should be heading next towards the June 10 peak in the wave three.

https://s21.postimg.org/t8o49gl5j/nimet_n.png

(*Chart courtesy of Tradingview.com*)

https://s17.postimg.org/7zbxkykfz/maarnio.png

If you think this analysis is correct, upvote this post and upvote the comment "DNotes will takeout the June 10 peak".

If you think this analysis is wrong, upvote this post and upvote the comment "DNotes will drop below the March 10 low".

If you think DNotes is in a range, upvote this post and upvote the comment "DNotes will stay in a trading range between the March 10 low and the June 10 peak until September 17".

You can upvote the comment until 3 PM EST August 18 and you can upvote only one comment. 50% of SBD from this post will be distributed equally to the winners. The winners will be determined by the price action (which one happens first). Only participants with a Reputation of 35 or more will qualify in the contest.