Hi,
Considering red correction as Flat ( check fibbo extenxions and retracements ) to much deeeper to be a wave 4 of the impulsive. I think wave 3 is extending and Flat correction is wave 2 of this.
We can see combo target : 1.272 fibbo extension for the wave C of the red Flat and 0.618 fibbo retracement of the Wave 1( which is the first wave of the wave 3 )
Excuse my English and Peace :D
Considering red correction as Flat ( check fibbo extenxions and retracements ) to much deeeper to be a wave 4 of the impulsive. I think wave 3 is extending and Flat correction is wave 2 of this.
We can see combo target : 1.272 fibbo extension for the wave C of the red Flat and 0.618 fibbo retracement of the Wave 1( which is the first wave of the wave 3 )
Excuse my English and Peace :D