I think this chart is tuned in pretty well. The pitchforks seemed to be respecting quit well. I did several Simple ABC corrections with 1.618 targets. Between the pitchfork and ABC confluence, the bottom looks to be about $3 and some change
I was hoping wave 5 would be a move of symmetry measuring the same move as wave 3. The symmetry target also lined up with the 1.0 projection.
The move up could be done for now and time to correct the whole move up from the bottom. I wouldnt be mad if price dropped out of the pitchfork and in to that crevice :P
Assuming were in the 5th wave...The 4th wave(complex correction) and what looks to be a blow off top with lower relative strength gives it away.
I'm also assuming some symmetry with the 3rd wave and my projected 5th wave. The symmetry target lines up with the 1.0 projection.
With current events, I'd expect some global crisis to signal the top