I am not SME on EWT. This is just a guess work. I have used Fibonacci to count waves . I am considering 3 rd wave as extended wave which ended near 4.618 projection of 1. As 3rd is exteded , so 5th May terminate within 0.50-0.618 of 3rd. If that happens then we may see price getting pullback to the bottom of larger 4th wave.
Disc : it's not an investment advice to buy or sell
Disc : it's not an investment advice to buy or sell
