At the moment, I am inclined to have the blue count as my preferred wave interpretation
looking for at least another one wave up to complete circle b wave
looks like a price reversal may happen very soon
expecting another modest decline to complete wave e, as long as 5832 holds
if this is a 5 waves decline followed by a flat then we should expect another motive wave down
c wave of flat back to 38.2% or 50% ? or maybe c wave of a triangle ?
blue labelling suggests the likelihood of a larger degree impulse up for wave 3 or C is underway pink labelling suggests flat (circle b) wave first then followed by another (circle c) wave decline to complete a larger degree flat (2 or B)
WE MAY SEE ANOTHER MODEST RALLY TO COMPLETE (C)-5
It looks like the current structure would less likely to form a flat wave (ii), so I assume it could be interpreted as (i)-(ii) i-ii sequence
price finally broke the (b)-(d) line, expecting a thrust to the upside with a minimum target to $57
bullish potential - pink count short-term bearish potential - yellow count
Bullish potential, but need to see price break through the (b)-(d) line first