Unfolding wave X of larger wave Z
Smaller Y wave is unfolding to complete wave W of Z of a larger scale
bearish 3 waves(correction) on a large scale
Clear exp flat on the x wave, expecting 5 waves down
ABC following a 5 wave structure
Formation of a Cypher, confirming the current downward trend which will later on retrace to resume the bullish trend.
A 3rd leg of an X is unfolding on a smaller degree, the target is 618%-1,618% extension of XAB, then continuation of the last leg, the Y wave.
