@jsanford01, howdy! No at the time if it busted down and out of that base channel i would have considered to be more of a wave 3 down, because wave 3s tend to be sharp and break out of the base channel where corrective structures tend to stay within the channel. ATM looks AXS is inversely correlated with BTC and it turned a bit early, which could mean it is more of a corrective structure and headed up or sideways. so maybe a WXY and its done but missed some targets so a bit unclear to me ATM. alot of stuff on here but, a visual.