The initial drop from 1,3816 marks the first impulse in a new downtrend according to my analysis,
since the correction phase in previous finished large downtrend is completed. My analysis contains three
waves. All three waves are extracted with fib levels from the first initial wave, called x2.
since the correction phase in previous finished large downtrend is completed. My analysis contains three
waves. All three waves are extracted with fib levels from the first initial wave, called x2.