ETH ZIG-ZAG Correction

 ETH Sharp fall from $1820 to $1660 till now indicating some correction may appear in the coming days.

Let's analyze the ETH 2H chart 

I have changed the wave count from the previous one. 

II Wave is inverted flat and III wave is 261.8%(I) giving me confidence in counting the wave as mentioned.

II wave was inverted flat & Simple so as per the alternation rules Wave IV may be Zig-Zag or complex.
38.2% of III Wave is at $1505.

If ABC Correction as Zig-Zag(5-3-5) coincident with $1505 level will boost the confidence to BUY at $1505.

So wait and watch till the correction is over this week or next week.