Rambus Chartology 101

A Consolidation Pattern… where the chart breaks out in the same direction it came from… has an even number of “reversal” points.

A Reversal Pattern… where the chart breaks out against the existing trend… has an odd number of reversal points.

Which one this pattern turns out to be is hugely important to the PM markets .

The Odds favor consolidation simply because most patterns are continuations rather than reversals.

Wild guess is 70% / 30%

At any rate the DXY is THE chart to watch.