On February 4th-5th, the wave B triangle did produce a rally which exceeded my first target, reaching 1.12448. By my count, that was the peak of the 3rd wave of wave C.
That was followed by a brief decline, another rally up to 1.3764 and then a decline down to 1.10717. I count this as the majority of the 4th wave of wave C.
In the last day's wave action, there has been a rally and another decline, and the start of another rally, shaping into a contracting pattern: I perceive that the 4th wave is ending as a triangle. Making a preliminary estimate of the parameters of the triangle based on what I can see thus far, and a post-triangle thrust measurement based on that, it is remarkable that from the "end" of the triangle where its converge the height of the implied minimum thrust is 1.14121.
I expect the Euro to rally to this level, at minimum. I also allow room for a final rally up to but not to exceed 1.14952, as I believe this entire sequence since December to be a 2nd wave (of a greater 5th wave) corresponding to a 1st wave which started downward from 1.14952.
I anticipate the peak of the rally in the 1.14** range to mark the beginning of the Euro's decline to below parity with the Dollar.