Update

The pattern is on track, fake break lower on FOMC day before completing the e wave of a triangle two months after the correction started for 10w high. Now when everybody is convinced that the correction is over C wave will follow and a low two months after the first decline to complete 10w/20w low.

Visual the cycles, because of the triangle the current 10w cycle does not divide in 2x5w cycles - it looks more like 20d-5w-20d sequence.

Update

Maybe sligthly bigger triangle with test of the trend line from last week and closing the gap, but at the end nothing new.