The rocketing five-wave advance forms a nearly perfect impulse, in which the fifth wave is expected to rise.
Extension by the third wave, alternating waves 2-4, touching by the top of wave 4 to channels 1-2-3 — all this is a harbinger of growth by wave 5, which on its way, most likely, will go beyond the extremum of wave 4 of (1).
Tentative targets for wave 5, unless, of course, we go into extension, are located in the area marked in pink. Further, a decline is expected by the intermediate wave (2) to the area of the previous fourth wave.
The wave marking in the double circle parenthesis corresponds to the green marking in the circle on the chart.