If we are in wave (c), we can scalp with a high probability of success. On the chart we see WMA 21 (MA 147), which has always been tested in the bull market. On the volume profile we see a point of control above 19000. At the same time it is approximately past ATH. Growth trend line from low 3850. Here is the extreme probability of reflection. The conservative target is at 0.382 full decline. MA 77 is also in the target area.
Comment:
Remember that it is not always appropriate to use stop-loss in such extreme falls. It will most likely destroy you. These scalps are very mentally demanding, but they are extremely successful. Good luck.