In 4h time frame we have 3 waves that have been completed. now we see a powerful move and a new high, but probably its end of wave 4. stoch rsi is in overbuy, so it means wave 5 is beginning probably. when wave 4 enter _ with body candle not with shadow _ to wave 1 (means overlap zone), this analysis will be invalid. however I think the main trend will be bearish.
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we can say, Wave 1 is started and we are in wave 3 of 1 in 30 min. but in 4h time frame we still in wave 1 and this wave is completing.