macd in negative territory indicates an ongoing negative trend - dowtrend 1.2011/1.1788 was impulsive - now corrective phase in progress wave from 1.1788 - ii/b - possible targets 1° - area – 1.1870-1.1885 2° - area – 1.1907-1.1926
triangle in wave ((IV)) in progress?
correction after ((5)) - point to go short - stop over ((5))
ABC circ correction in wave (IV) still running in an expand flat
EU WAVE III circled correction still running in a FLAT PATTERN - wave c of ( b ) close to end - target .1260/.1280 - invalidation under .1224 alt: 123
EU WAVE III circled correction still running FLAT price cross over .1206 target - .1263 alt: ZIG-ZAG - target .1042
price under 0.1160. abc correction is running - confirmation price area .1140 target .1070/.1085 alt. 123
EU - abcde triangle need price cross over .1186 to be confirmed. if price break .1160 to the downside alternative scenario abc may develop.
EU - Triangle is running - wave d of an abcde trinagle - let see price evolution. If confirmed the correction movement, wave ( iv ) , is close to end.
We need an Impulse wave down to confirm the end of v of III circled next target .1160
wave V of (III) ended? if conformed waiting for correction to 1.10000 area. Waiting for signal.
Let see evolution against abc circled - correction (abc) or motive (12345) in action? let see.
If ABC is confirmed it should be entirely retraced. Let see for confirmation.