The analysis discusses the SUIUSD chart on the 1-hour timeframe, focusing on Elliott Wave theory and Fibonacci extensions. It identifies a five-wave move up from the August low, suggesting an upward trend. The fifth wave reached the 61.8% Fibonacci extension level around $4.07, a common target. The analysis considers two scenarios: a bullish 'blue count' and a more cautious 'yellow count'. The blue count suggests a more direct upward move, while the yellow count anticipates a three-wave pullback (ABC correction). The analyst highlights a resistance zone between $3.90 and $4.12, requiring a decisive break above $4.12 to confirm further upside. An initial target of $4.78 is given if the price breaks the resistance zone. The analysis states that as long as the price holds above $3.44, the overall trend remains up. Analyst doesn't see an immediate impulsive reaction on the third wave, which is the reason why he's preferring the yellow count scenario for now. Also he suggest that traders should be ready to some choppy price action over the weekend.