Elliott Wave Count for Gbp/Jpy (Daily)

In below chart I have counted it as W,X,Y complex correction.

Out of 4 corrective patterns,
1.) ZigZag - invalid since 1st wave is not impulse
2.) Triangle - not possible, from chart u know it.
3.) Complex - most likely
4.) Flat - possible but need further confirmation.

Since 2 patterns already became invalid, so either complex or flat pattern.
If its COMPLEX then TOP is already in place at 162.6.
If its FLAT then there is 1 more wave to go up as wave 5 of C.



Below chart is my added with my alternative count. The count in RED color label is my alternative view. Its FLAT correction as 3,3,5 sub waves.