--always confirm with your own strategy--
A diagonal or daily charts VERY TRICKY and risky since the low time frames indicate it's bearish.
Wave c might be an ending diagonal which is longer than wave A and B.
Want to take advantage of the small SL required and a hopefully flat wave C.
I have only one elegant explanation: We're still in a B wave zone as shown in the long term charts. Bulls might have a one last strong push. --ALways trade confirming with your own strategy-----
My strategy requires me to take any breakout from stable wave 4's towards wave 5.
Even if we have a really long red candle, we might be still in the correction zone. Wave C is NOT gonna be straight. It will be jagged and ugly.
----Caution high risk--- We're now treading into a dangerous path of wave B (seen only on daily chart). Entry order made.