The chart speaks for itself and is just my opinion. Looking for intermediate wave (4),blue labels, to correct to the area of minor wave 4(green labels) of one lessor degree between $5000 and $3000, highlighted in yellow, before breaking ATH
. Since intermediate wave (2), blue labels, was a ABC Zig-Zag
then intermediate wave (4), blue labels, favors an ABC
Flat or a Triangle or something other than a Zig-Zag
and would be more in line with EW guideline of alternation.