Thoughts and observations on NOKSEK

Updated
Short term count - just a thought, waiting for confirmation from price action (bullish scenario).
Wave 4 would mean 38% fib retracement from Wave 3
Note
My count on the weekly chart...
snapshot
Note
Alternative count assuming that actually this Wave 4 is a ZigZag with Wave B on it as a triangle... This would mean that before seeing Wave 5 developing we might see more bearish price action.

snapshot
Elliott Wave

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