From High of 6338 , Labeling the move to 4639 as follows
W- 6338-5177
X- 5177-5944
Y- 5944-4720
XX 4720-5400
Z (going on)
As per EW presently I see 3 options in play.
Option 1
Another zigzag in play (A, B , C) making the whole correction from 6338 a triple zz.
A going on
1. 5400-5205=195
2. 5205-5326 =121
3. 5326- 4639=687
4. 4639-5062*
Right now 4 has reached exact .618 *1 ( The golden ratio).5 should start down I feel , to complete A in 5 waves down.This 5 should be equal to 1 in time and magnitude .
Invalidation point would be to enter in the territory of wave 1 , that is to go above 5205.
Option 2
We see 3 waves presently from 5400 down ,
so it can be a flat correction too as we see 3 waves up to 5062 making it (3 3 5)
so now 5 waves to unfold DOWN.
Option 3
If we go above 5205 then probably we are in a larger flat towards 5400 . Move from 5400-4639 is a 3 wave move.
W- 6338-5177
X- 5177-5944
Y- 5944-4720
XX 4720-5400
Z (going on)
As per EW presently I see 3 options in play.
Option 1
Another zigzag in play (A, B , C) making the whole correction from 6338 a triple zz.
A going on
1. 5400-5205=195
2. 5205-5326 =121
3. 5326- 4639=687
4. 4639-5062*
Right now 4 has reached exact .618 *1 ( The golden ratio).5 should start down I feel , to complete A in 5 waves down.This 5 should be equal to 1 in time and magnitude .
Invalidation point would be to enter in the territory of wave 1 , that is to go above 5205.
Option 2
We see 3 waves presently from 5400 down ,
so it can be a flat correction too as we see 3 waves up to 5062 making it (3 3 5)
so now 5 waves to unfold DOWN.
Option 3
If we go above 5205 then probably we are in a larger flat towards 5400 . Move from 5400-4639 is a 3 wave move.
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