Its look like wave red 3 and 4 finished and expecting wave 5, Or in red there is no wave 5 only wave 3 as ABC, That means Bigger Red wave A is completed waiting for bearish move started expecting wave B
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Bigger Red wave A is completed expecting Red wave B and blue wave A
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Or in red there is no wave 5 only wave 3 as ABC , That means Bigger Red wave A is completed waiting for bearish This should be corrected as bullish move started expecting wave B