Here's an idea of what a more bearish count would look like.
With the 5th wave hitting a 1:1 extension of the first wave.
This scenario will be more favourable if we break below 8.8k and the more bullish count becomes invalidated.
With the 5th wave hitting a 1:1 extension of the first wave.
This scenario will be more favourable if we break below 8.8k and the more bullish count becomes invalidated.