Elrond is in WXYZYZ 2 flat in a row ?

Hi everyone,
on my last video on Youtube i warned everyone that 290$ was very dangerous cos it was a Flat B target point from the last top in April.

I can see this probable scenario now on Elrond, the reasons are :

1- 2 Flat ABC in a row
2- 2 spinning top in a row at the 0.764
3- Impulse down impossible from my X point

Now possible retracement target i see are inside the green rectangles. But Elrond can rise to the 0.85 from here.
Best to you..