1. Stoth should be oversold, thank ksaravanancbe friendship remind here.
2. Wave count error, update the diagram as shown below:
Yes, I agree with your point of view, and to test the 1.1 level is possible, I need a monthly chart candlestick pattern and wave structure to judge the possibility of a green line, of course, the FOMC is also very important, let's watch and wait, wish us luck!
FLAT is 3-3-5 structure, WXY is 3-3-3 structure, so I think it is a FLAT, but the result is the same, I think the integrity of the structure is more important than the name of the structure.