Correction wave reached impulse wave 4.
One of the rules about Elliott's waves says that it is normal for the correction wave, after a strong wave 5, to reach wave 4 that originated it. That's where we are now. So I do not see the need to run off to the top of the mountain. That is my point of view. Waves 3 and 4 are more easily seen on the 60-minute chart. Does anyone agree?
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