Great idea. But I prefer for the wave 4 is around 48K - 52K area.
ramo81
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Yes. Shallow and sideways Wave 2. Would expect a deep Wave 4.
mr_willmedina
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would be nice. but why does wave 4 need to be so big as shown on the chart
N934rex
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@mr_willmedina It’s a retracement to monthly support. Could be shorter.. I went with the extreme within the Elliot Wave Principle. 🤔🧐 A sling as wave 4 does not retrace past wave 4, the moon 🌙 is assured 😀