I really like this count because the structure is confirmed by a handful of fibs. We have got a super flat b down of the final wave v up. That happens from time to time and that is why you should always have to be cautious playing with wave b in counter trend direction. It can get very shallow and quick to be able to exit your position. There is a strong confluence of extensions in the area in between 7,775-7,825 where that rally in a strong wave ( iii ) up may complete. You can see potential targets fro the drop in wave ( iv ) down on the chart below.