$AF (Arcflow) (Update) CA: 0x75d658f8101fbe6dc217fbba7e20a0312af5fa2e Disclosure: No change to my position since previous post. Wave 1 peaked at $3.7m with a long upper wick and a large spike of volume at the top. What we previously had marked as Wave 2 at $835.6k was in fact only Wave A of 2 - we have since had Wave B and I believe we have now completed Wave C at $490.5k. We found support at the bottom of the 4H Demand Structure highlighted blue, whilst bullish divergence printed at the low on the 4H timeframe. We need to get through the overhead descending resistance line as well as the Weekly Pivot in the same sort of area to give us a good clue that the bottom may be in. Breaking out above Wave b at $2m would add confidence to the count. If the current count is correct, Wave 3 should target a minimum of $6.4m, before a Wave 4 pullback to around $4.1m and then a Wave 5 push up to around $7.8m.