Is Verge on the Verge of a Break Out?

I like to keep my analysis simple and deliberately avoid using complicated terminology in explaining my rationale. Verge has a habit of making fractals and every time it does, the price goes up. However, this time around, the wait has been too long and why not? What goes up in hurry, needs a breather at the top. Correction has almost retraced to the beginning of prior Wave 5. Hence, only two options are left, either an extended parallel correction or a break out of the fractal. I'm inclined to the latter smaller baby fractals are pushing the price up and preparing for a bigger and bigger, never-seen before price rise. Let's see how the coming days unfold.

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