If count is valid then this is a deep retracement and the last wave down is expected.
50% of waves 1-3 of C comes exactly to 50% of retracement shown (1174).
61.8% of waves 1-3 of C lies between 50 and 61.8% Fib.
So we should watch 1144-1174 as possible area of wave 5 unfolded.
50% of waves 1-3 of C comes exactly to 50% of retracement shown (1174).
61.8% of waves 1-3 of C lies between 50 and 61.8% Fib.
So we should watch 1144-1174 as possible area of wave 5 unfolded.
