$TOSHI Technical Setup – Two Scenarios in Play

White Count Scenario:
Wave 4 consolidating with a running flat pattern at the bottom range. This sets up wave 5 to potentially challenge the range highs. If this count is correct, we'd expect an impulsive move higher from current levels.

Red Count Alternative:
Completed 5-wave structure moving into corrective territory. Wave A already in motion, with wave C expected to find support near the bottom of the demand zone. This suggests a deeper pullback before any reversal.

Position Management:
Initialized a small long position in both spot holdings, betting on the white count scenario being the dominant pattern. The setup offers defined risk relative to potential upside if the wave 5 extension materializes.

The key zone to watch: previous demand area at the bottom. A break below that level would confirm the red count and require strategy adjustment.