Just wanted to share. I feel 4th is complete but will know soon. 5th wave depends on 4th for measurement (100%, 1.62%, or 2.62%) but here I show a shallow .236 for 4th wave which would now be complete. It could possibly go to 38% or 50% of 1st wave.
I do see a possible right shoulder developing so I'm keeping an eye on it, and placed rough idea of target too.
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Breakout in RSI and now at double top level...
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Getting there...
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were are now near bottom of original channel and I also see this...
Hey mate, I'm also following the same formation since yesterday. I think it'll hit 1239-40 area after 1219 and start a deep drop then, probably heading to 1182. Cheers.