What you witness here is a typical Expanding Diagonal. This last leg can push above the trend line, BUT dont be fooled.
"Contracting diagonals can overshoot its trend line during wave 5 (called throw-over) and still be valid as long as wave 5 remains smaller than wave 3"
We are already seeing a clear break-out of the bullflag!
"Contracting diagonals can overshoot its trend line during wave 5 (called throw-over) and still be valid as long as wave 5 remains smaller than wave 3"
We are already seeing a clear break-out of the bullflag!