After a 5-wave increase, the price underwent a correction, then experienced another 5-wave increase, followed by a 5-wave decline and a 5-wave increase. Regardless of the time frame, as long as the market completes a 5-wave trend, investors should remain vigilant, as the current market may be coming to an end. Wave theory is applicable in any time frame, so the last 5-wave trend is often at the end of the market. A normal wave of increase or decrease will typically exhibit a 5-wave trend, so the end of a 5-wave trend is generally also the end of a price movement.
