1) A and
2) A Triangle
Minor wave 3 is complete thus minor wave 4 is underway. Wave 4 being a countertrend move will prove to have two options as listed above. I prefer to always think that the Flat will form but keeping my eye open for the potential reversal at the 0.618 level signaling a Triangle formation.
In my humble opinion, the flat should travel to approximately the 0.8400 level and if a triangle is forming it should reverse somewhere around the 0.8640 level.
Please forgive my wordy thoughts. Hope this idea works out better then my first one.
DISCLAIMER: This is not a trade call for others to follow, trade according to your trading plan.
This is not a trade call, that is my trading plan, trade your plan.