I suggest we will not see this lower low at this time. That is why I show the chart. if you look at the 1 hour chart I think it is taking too long to complete wave C. Also think bulls are in control at these levels. Current price is above wave B if B completed?
Haejins alternate scenario is a for c and current rise: b of an a b c, so a possible lower low c is not yet ruled out.
I suggest we will not see this lower low at this time. That is why I show the chart. if you look at the 1 hour chart I think it is taking too long to complete wave C. Also think bulls are in control at these levels. Current price is above wave B if B completed?
I agree. But still it is wise to keep the alternate count in mind:)