According to my count (not proffesonal advice) we are only in minor correction - wave 4rth.
Because wave 2 was typical quick and sharp zigzag, wave 4rth should be shallow and more complex.
Steep trend line doesn't leave much time and space for correction.
After that one more leg up to new ATH.
If thick light green trend line is broken down, this analysis is little probable.
Especially watch out for crossing red horizontal line at 5k - it will mean that we are in higher degree correction. Than Goldbug analysis applies :)
Dash lines are only for logarithmic scale and larger degree waves.
Because wave 2 was typical quick and sharp zigzag, wave 4rth should be shallow and more complex.
Steep trend line doesn't leave much time and space for correction.
After that one more leg up to new ATH.
If thick light green trend line is broken down, this analysis is little probable.
Especially watch out for crossing red horizontal line at 5k - it will mean that we are in higher degree correction. Than Goldbug analysis applies :)
Dash lines are only for logarithmic scale and larger degree waves.
