The rally since 24th May still has a corrective look so far, hence I am thinking this could be a complex (w)-(x)-(y)-(x)-(z) combination.
Note: (z) wave may have already finished as a-b-c zigzag or it may further develop as an a-b-c-d-e triangle As long as price is moving below the extreme high of 0.78351, i am still looking for opportunities to trade for the downside