In bigger picture we´re in a triangle which isn´t completed yet.
To complete the 5th wave in the triangle we need one more drop.
Inside of this last drop we´re in the correction (4th wave) which almost is completed.
When the WXYXZ correction is completed I exspect further downside for about 150 pips before we´ll get a big move to the upside.
I´ll wait for the price to reach the bluebox and then look for a Impuls+ correction on lower timeframe
and will update in the comments.
Please also have a look at my other forecasts linked below and feel free to like and share.
To complete the 5th wave in the triangle we need one more drop.
Inside of this last drop we´re in the correction (4th wave) which almost is completed.
When the WXYXZ correction is completed I exspect further downside for about 150 pips before we´ll get a big move to the upside.
I´ll wait for the price to reach the bluebox and then look for a Impuls+ correction on lower timeframe
and will update in the comments.
Please also have a look at my other forecasts linked below and feel free to like and share.
Here is the view on the bigger picture