I posted an earlier idea that resembles this, but the correction phase is a bit different now. After a wave there is often an ABC correction and on this I put an ABCD pattern because earlier it is close to the .681 reject. Between 54k and 56k there is a lot of support there will be the PRZ where a last wave 5 can be started.
Idea based on
with few changes.
Idea based on

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The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.