We have two counts. In black a simple 5 wave sequence for wave 1. There are 1-2s and 4-5s in it but that is all At $56 the sequence would be complete. In red a first zig-zag A-B-C in which wave C is equal to A at $56. A rebound to perhaps as high as $74 would be next in both cases and then either wave 3 starts or a second zig-zag.
We have waited a long time for all this to develop and here we are, all that is left to do is buy at $56 plus a little.