WAVE COUNT So here in this Daily chart, I've broken down the recent decline from the high at the end of wave (a). It was a 5-3-5 ABC Zigzag wave (b) of the larger abc wave (2). If that is correct, we should see the next move a wave (c) up.
PATTERNS The pattern of importance here is a COMPLETED Crab (blue) in which prices are and have been testing it's entire PRZ and have been halted at the 3.618 BC extension of that crab. I've drawn a POSSIBLE Bat on the chart (gold) that if prices were to follow the path I've outlined, will become a POTENTIAL Bat. For now, it is not relevant yet.