BAT: I think is the most likely outcome given the 50% XA retracement to the B point. w/ a deep C point. A .786/.886 XA retracement for the D point would complete the and would be a good retest of the X point high
Deep Crab: 50% XA to the B; deep C point almost to the A point. would need to see a solid break of the X point to call this a . If this happens, I would expect prices to get to at least the 1.618 projection
1.13 Fail Wave: if prices do break the X point and reach the 1.13 only to turn back down AND close below the X point again, then this scenario looks likely. This would be a "break above/close below major structure" trade short and would expect prices to quickly fall to at least .886 projection of the XA leg.
In any case, I'm LONG now to catch the CD legs up in all 3 scenarios......
Just my own opinions....hope it helps!
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