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It's ok to connect waves 2 and 4 and then draw a parallel from w3 to suggest a channel top for w5. Using candle wicks is allowed but that wave 3 top is very 'leggy'...
The retrace from 3.7 down to 1.4 can be used to set Fibo targets. First one comes at at 5.1c. Second at 7.4c.
On the other hand, bulls may want to pause for a breather and take support on 3.7c..
We'll see.
