5th wave incoming?

Jan 14

Are we due for a deeper correction before the 5th wave unfolds? Or perhaps the 5th wave is already underway to tap the weekly level? Or could we have already completed the uprise? If we fail to achieve a higher high, I suspect we can retest the previous lows and fill yesterday's wick, indicating that either the bulls are still waiting for a lower entry point or simply lack the strength to push prices higher. Lets see.

Jan 15

Trade closed: target reached