After Completion of 5th wave the total wave acts just like wave 1,
It will retrace upto 61.8% of total wave if trend continue.
That is after completion of wave five total wave acts like wave 1 if trend continues.
Retrace 61.8-78.2 % of total wave not more than wave 1,
So wave 5 will retrace upto wave 4 Extreme of that cycle if trend continue, If it breaks extreme of 4th wave
trend will change on that time frame.
So wave 4 acts important Support and resistance in trending market.
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