The chart explains it all in detail to be honest... We have found a major support line which is ascending upwards on a diagonal pathway. WAVE 3 will test the major resistance at 580 but not close above it. This will then retrace to around the 382 - 500 FIB levels but also should not break our new support line.
Overall we are on the way to target of 640. On the 31st test net is released and who knows?
I'm confused by your wave count with the ABC. isn't the ABC counts suppose to be contained within the descending waves here? (waves 2 and 4)
CincyONU
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If you look on a smaller time frame that most recent pattern looks like it has potential to form a H&S. 1 being left and 3 being head. Verge did the exact same last night and broke the trendline right after before starting a downtrend.