My opinion on wave analysis ,,,Previous wave Major corrective wave was finished at 1.03 in WXY formation ..I am not looking any parity or hitting 1.03 level again . It is over and All ..
A New Impulsive wave has been started from 1.03 level . Impulsive wave formation is always 12345
1 = is Complete
2 = in Progress , Where we are at this moment at the end of C of 2
If the market Breaks above 1.1300 We are in Wave 3 otherwise one more ( Last leg of c of 2 ) is possible .