if you try to catch this wxy/z down. be careful. it makes no sense to catch the current bounce levels. the play we should be looking for: 618 play bounce or a new impulse wave to break the neckline. anything in between is risky.
by rule of alternation, because wave 2 was a simple abc, we can expect some sort of a complex correction here. here are your possible bounce zones. i highly do not suggest the trades. very risky.