If first X is 5, then I expect clear 5 waves down as 1 of 5 of A. So far, I see only 3 down... that makes me think that we see see some sort of combination here. If WXY is complete, next move should be either 1-2 to upside... or another 3-wave structure. And that's exactly that we see... that left for us only one option - tripple zig-zag.
I mean, I know triple zigs are rare structures, that's why I think this count could be wrong, but, so far, here is my take on recent price action.
Still think 4 of 5 of A in progress... May see the last move for 4 of 5 of A.
I mean, I know triple zigs are rare structures, that's why I think this count could be wrong, but, so far, here is my take on recent price action.
Still think 4 of 5 of A in progress... May see the last move for 4 of 5 of A.