$ASTER

I assume that the triangle X (red letters) was placed.

What does this mean?

It means that with a high degree of probability we will update the nearest low - $0.6557

Will the movement be very deep?

Not necessarily. Most often, with such a strong (W), the wave (Y) will be weak.

What will happen next?

I have two scenarios for this case:

1 - (the most likely) This entire double zigzag will become wave 1 and then we will finish the ending diagonal with not very large movements.

2 - The double zigzag will become wave B of the triangle and the pullback will require at least a return above $0.8171

❤️‍🔥 - if it was helpful