It still can break the top of your wave 4 (red) and reverse downwards to test historic low. In such a case this would form a flat correction :)
However, good job!
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It still can break the top of your wave 4 (red) and reverse downwards to test historic low. In such a case this would form a flat correction :)
However, good job!
Flat in the next correction, I presume? Turning this into WXY. (Current B and drop of C doesn't support flat, unless I look at this from the weekly view and next impulse doesn't exceed A ). Certainly a possibility, and we've seen those aplenty as of late. WXY, WXYXZ everywhere I look. Given the relatively short nature of this correction, that also increases the chances. Appreciate your comment! Will have to watch the support lines as we move up.