Could be in a triangle (ABCDE) or regular correction (ABC) for wave 4 before the 5th and final wave, possibly a similar pattern to before >
Comment:
Just noticed a mistake on the chart.
Wave IV text should be above wave E of the ABCDE, not above wave C.
Comment:
1.618 extension hit at 5587, see what happens next
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Wave IV text should be above wave E of the ABCDE, not above wave C.