The Bear Room, page-2250

simplified ... 3 daily chart ... expanding ending diagonal -> thin blue lines -> the angle widens (moving away from one another i.e. not contracting)

-> wave 5 = i, ii, iii, iv and v -> because its expanding, its also common that wave v does not reach/touch the blue line again or go lower than wave iv -> usually there is a strong move in the opposite direction after wave 5/v completes i.e. upwards movement ... which boggles my mind

-> rules of this pattern : 4 > ii (check) and ii > iv (at this stage it is, however the next trading day will depict i.e. cannot go higher than 1.72)

-> if it drops, I do not know how low it will go (my feel is its dependent on the coming reports or MMs) ... I do know what the structure should look like and can only predict once it prints to the chart

who knows ...