Wave 3 is under way?

it seems that flat 2 is less likely to happen, so i guess wave 3 is already underway, any pull-back should offer us opportunity to join the uptrend

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the rally so far does not have a strong wave 3 characteristic

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close above previous high of 1.72575 would favor wave (iii) of (blue circle) is under way

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(iii) of {iii} (blue circle)

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a flat correction?

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any close below wave ii circle will invalid the bullish count

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looks like wave 5 is unfolding

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1.7826 is pretty close to 1.618 extension level at 1.78144

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the recent top could also be label as wave {i} of 5