Since the price could not stay below the green support zone, i expect a rise.
This rise may form Cypher purple D point. (First Wave)
Then price will want to test the broken zone at purple B with orange C point. (Second Wave)
Since orange C point will be support now it will form the third wave forming butterfly (Third Wave)
When butterfly completes, price will test purple D point ( B point of butterfly )
This is my scenario, i know it is to long but wanted to do brainstorming.
This rise may form Cypher purple D point. (First Wave)
Then price will want to test the broken zone at purple B with orange C point. (Second Wave)
Since orange C point will be support now it will form the third wave forming butterfly (Third Wave)
When butterfly completes, price will test purple D point ( B point of butterfly )
This is my scenario, i know it is to long but wanted to do brainstorming.