Two Valid Elliott Wave Scenarios Before the Next Bullish PhaseShiba Inu/USDCAPITALCOM:SHIBUSDMehdi_Abbasi_EWPSHIBA Daily | Two Valid Elliott Wave Scenarios Before the Next Bullish Phase A closer examination of the daily chart suggests that the current corrective structure can be interpreted in two valid ways under the Elliott Wave Principle. The first scenario considers the correction as a completed or nearly completed Double Zigzag (W-X-Y). If this interpretation is correct, SHIBA may already be approaching the end of its higher-degree correction, allowing the market to begin building a new bullish cycle. The second scenario views the structure as a Simple Zigzag (A-B-C), where both Waves A and C are developing as impulse patterns. Based on this wave count, the market could currently be completing Wave (4) of Wave C, leaving room for one final decline to complete Wave (5) before the correction is fully finished. At this stage, both interpretations remain structurally valid. Therefore, the focus should not be on predicting which scenario must occur, but on observing how price action and the evolving wave structure confirm or invalidate each possibility. If the Double Zigzag scenario is confirmed, the current region could represent the completion of the corrective phase. On the other hand, if the Simple Zigzag interpretation continues to unfold, one additional bearish leg may be required before a larger bullish motive sequence can begin. In my view, the current structure deserves close attention. Rather than anticipating the future, I prefer to let the market reveal its intentions through the evolution of price and wave structure. As always, the primary objective is to follow the structure—not to force a preferred scenario. Mr. Nobody Patterns whisper. I listen. 🎧📊