As already discussed, structure wise, a full 5 waves impulse off...

As already discussed, structure wise, a full 5 waves impulse off the lows for (1) can count as complete. But, Did not reach ideal target and wave count would look better with one more high. And, would look ideal that we are already in the 5th, with the 4th counted during the capital raise announcement day. So, with that in mind, holding around here 0.059/60 and getting an extended 5th to 0.97 or, better yet, 0.105 or more would really make the chart look textbook.

Breaking down below .058 on a daily close likely means one of 2 things:
-(1) is done already and came up a little short of ideal extension of 1,2
-we are still in the 4th of (1) and the run up from the raise day low was likely a b wave in that 4th wave. In this case I would likely expect a shallow 4th wave to the minimum retracement of 0.052 or so for the proportions between a,b and c of that 4th to be standard, but even a 4th can take us quite a lot lower and the issue we gonna have if that gets deeper than 0.05 is not being able to determine with a high degree of confidence wether we are in the 4th of (1) or already in (2).

If we get closer to ideal target for (1) from this region the clarity and parameters would improve a lot and the reading of the chart afterwards is going to be a lot simpler. Please note the labelling on my chart was done as a wild guess when we where still in the support box months ago so does not make sense price or time-wise. For now I am not moving the labelling as I prefer to have the visuals of the 2 most likely options ideal paths at the time of entry rather than the current count. I will only move the boxes at the right place if and when I get confident enough we have (1) in place. As discussed in previous posts I am at this point quite firmly into the blue count, and placing blue iii of (1) at the current high and iv of (1) at the low hit during capital raise announcement day. With the doubts expressed above.

Also happy I've nailed CXO at 0.059 a few weeks back after eying it for 2-3 years, posted live in the relevant board where I made a dedicated post. LTR is another one I'm eying for a potential 5 up as the first baby steps to possible new all time highs in the long run.

GL to all !