In analogy to the last two bullruns (red ellipse) the coming one might walk through the fib channel levels quite rapidly. Much energy was stored by the iterative first waves of lesser degrees during the last few months. The coming wave 5 should be extended.
Note that the top of wave 3 may in fact be the end of a wave 5 ending the first impulse of the preceding count. That doesn't change much since it only indicates that a wave 3 of higher degree has started in december with much upside potential..
Note that the top of wave 3 may in fact be the end of a wave 5 ending the first impulse of the preceding count. That doesn't change much since it only indicates that a wave 3 of higher degree has started in december with much upside potential..