Target $18.72, page-10855

I have two counts this is the bullish count.
The long term count is unchanged. It finished wave 3 Oct 22 followed by 2 years of correction for wave 4. And we are moving up with a target price at 16.24.
Or we have a medium term bearish count.


Wave 4 not finish. We are still in part of the B) wave with the target price at 800. Then it's going for another leg down with immediate target at 465.
The problem with this is that red wave A that 5 waves sequence is very ugly very difficult to count but the structure is legit for an expanding diagonal.
Same goes red wave B, I can count five waves from the daily chart but the structure looks like a 3 wave move.

I think when I look at BTU that is essentially trading in a giant triangle but it's got the same issue with WHC. BTU is the one that is possibly the closest one to give that bullish confirmation. The level to look out for is 2724 for BTU, if it fails to get above 2719 the last swing high then mostly likely it will go down for the short to medium term.
Here's the bullish count and bearish count for BTU.