Due to the guideline of pattern alternation, there is a possibility that white wave 4 is still ongoing.
White wave 2 was short and not complex. So seeing a very time consuming white wave 4 would not be surprising.
I am showing you this for awareness reasons.
The old count of white wave 5 being in progress is still favored. It could be wave 1 and 2 of white wave 5. For that we need to see appreciation in value in the next 48 hours.
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DISCLAIMER: This post / analysis serves general information purposes only. I am not, and never will be a financial adviser. The material in this post does not constitute any trading advice whatsoever. This is just the way I see the charts and what my trading ideas (from my personal experiences) are. I use chart pattern and Elliott Wave analysis for my trading ideas.
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