There are two logical scenario here
1: normal counting that you can see in Red lines and which means we are at the end of wave 5 and we expect retracement
2: extended wave 3 : that you can see in blue lines ( extended wave white ) which means we are approaching to wave 4 but there is something that i need to mention here
in some cases which wave 3 is extended wave 5 can not go too far maybe 100% wave 3 logical target
so i suggest to do not trade on wave 5 and Trade on bearish signals
Hope you All enjoyed ♥
1: normal counting that you can see in Red lines and which means we are at the end of wave 5 and we expect retracement
2: extended wave 3 : that you can see in blue lines ( extended wave white ) which means we are approaching to wave 4 but there is something that i need to mention here
in some cases which wave 3 is extended wave 5 can not go too far maybe 100% wave 3 logical target
so i suggest to do not trade on wave 5 and Trade on bearish signals
Hope you All enjoyed ♥