A possible corrective flat structure from the 2009 low.
With ultra negative sentiment everywhere, nobody would predict that gap price of around 75 to be filled anytime soon. Which should mean that gap will be filled sooner than many people think.
Could be setting up for a considerable 50% drop before a massive last move.
If a long term triangle, then a quick & massive thrust higher should follow after the wave E completion.
Using logarithmic scale Fibs, Wave A should soon be approaching the 23.60% correction of Wave 3, a common target for the A Wave.
Maybe still in a Wave 3 with Wave 4 & 5 to come. Could still make a new high this year but predicting a big drop after (-40% plus)