This trade has a high probability of working out, IF yellow wave c does unfold into 5 waves down and we see signs of bullishness. This could be a triangle, if so, the price action should still be bullish, and the profit target will be higher. If 5 waves do unfold in wave c, then one could go long and set a stop loss, generously below the low of wave 5, with a target as described above. The aim is to achieve a risk to reward ratio of at least 1:1.75. (This is not financial advice as always, you trade your own capital at your own risk).