minor wave 2 of intermediate wave (3) unfolding in abc
wave a looks over in a leading triangle – wave b should follow in a corretive mode
ALT: inermadiate wave (2) is not over – movement from 1,1700 to 1.2260 is corrective
minor wave X is over – wave Y should follow in a double zigzag trought and behind 1.1700 level - 1-2 , 1-2 - 1-2 unfolding.
critical price area
previous daily close 1.2125
PP 1.2145 DW
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