It appears on the 1 hour chart a 5 wave pattern has completed and is currently in correction. On the 4 hour the correction of the 1 hour chart is currently wave 2 of the 4 hour. The completion of the next 1 hour 5 wave cycle will complete wave 3 of the 4 hour. All of the waves have been calculated based of the fibs and fib extensions. Didn't leave them on the chart because it is to cluttered. Good Luck!
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