Bottoming process

First of all i just want to say i'm really happy to see this blog has passed the 10.000 visits mark! But let's get on to buisiness, there are 2 possibilties i'm looking at.

First is the triangle wave X count. Target is around 1.2750 unless the alternative comes into play where wave Y has allready finished. This would mean wave (B) should be counted as wave (X) since the rally is corrective and is part of a larger wave (Y) which will take us above 1.4157.

Second is a deeper wave W and a small wave X, price should go deeper to end the wave (B).