As you can see, the first wave is home to the bull whales.
(Huge volume)
Technical Section (Wave 5, Lesser Degree):
As shown on this chart, wave 3 is less than 161.8% of wave 1, as a result, the 5th wave overextends itself. We'll see.
Extended Wave 5 = either
61.8% x length (beginning of Wave 1 to top of Wave 3) or = 100% length of (beginning of Wave 1 to top of Wave 3) or = 161.8% x length of (beginning of Wave 1 to top of Wave 3)