Wave 4 may rise to the level of 3550 with a 60% probability, less likely to be higher.
If wave 4 ends above 0.618 fib level, then there will be failed wave 5 and its peak is more likely to be less than the peak of wave 3.
In this case, we will fall below the peak of wave 3 if an incorrect A-B-C correction is formed (the peak of wave B is higher than the peak waves 5)
If wave 4 ends above 0.618 fib level, then there will be failed wave 5 and its peak is more likely to be less than the peak of wave 3.
In this case, we will fall below the peak of wave 3 if an incorrect A-B-C correction is formed (the peak of wave B is higher than the peak waves 5)