Text book 4th wave just done

Retraced to 382 fib of the preceding move. Target for upcoming 5th wave is in the 2k range(green box).

Targets for 5th wave often 618 of wave 1 and 3 combined as it is here.

Yorum:

So the C leg was not done, my bad. Still valid idea. As you can see in the snapshot we have reached 1.618 extension of leg A which again is classic length of the C in a ABC correction. Wave 4 often reaches between 0.382 and 0.5 fib as this is now.