I just discovered why I was having a hard time with that wave 4 count. I just realized that the MT4 platform I was using for my EW Charting most likely had an anomaly in their data.
That was the reason why I could not accpet that the move from 1.4747 down to 1.4581 was not done yet and could not be a Zigzag ABC. That was because wave C then was already 300% of wave A which is way over the 161.8% max to be considered still as a Zigzag.
While reviewing Price for the technical analysis side on a different MT4 platform, there I realized that wave 4 was actually a Zigzag with C being 161.8% of wave A. thus satisfying the requirement.
So now , using channelling.... I see price to be going up for the sub wave 5 of 5 where it is encountering support at the Daily Pivot level holding it for sub wave 4 of 5 which turned out to be a Bullish Flag.
EG
