We can see that the 3 wave move down just hit -0.236, the target of a flat B wave move down. So we can expect a 5-wave C wave move up to start now, and it should hit at least 0.618 of B wave even if it will be a running flat. In better case, the C wave can hit 1.236 or even 1.618. Remember to exit the trade after you see the 5-wave move is done. It's extremely...
This is the 5th wave of the larger scale. While I was confused in the trading hours today, I found it possible to finish a running flat as the 2nd wave. In this case, we are now in 3rd wave of 5, and a running flat is a big hint for a crazy extended 3rd wave. Hopefully we will see a 4.0 ext 3rd wave again here.
After ATH in Nov 22, which should be a wave 5 of 3 in the larger scale, now it is time to start wave 4 with ABC setup. We can see that for the A of 4, we already finished the clear ABC pattern with B = 0.9A and C pushing to 1.236 of A, which is a classic flat. With recent 3-up (potential A of B) and 3-down (potential B of B, especially with the fact that B already...