Good questions!
The reason why I don't think the move from 16c to 30c is wave 5 is because it is very short and wave 1 is very long. I've found wave 5s to be some sort of fibonacci relationship of wave 1 and generally no less than 61.8%.
It's true that the full wave 4 as I see it from 47.5 to 13c does overlap wave 1 and against EW principles, except when there is a leading diagonal pattern.
I see ASN as a sort of leading diagonal with a possible truncated 5th wave, where the 5th wave may not go all the way to the resistance line.
Another reason I see the chart the way I do is because I've noticed certain downtrends have a 5 wave sequence. However one of the waves is usually an extended wave.
This is how I see the ASN downtrend at the moment:
ASN Chart, page-8587
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