The count changed from yesterday report as we have a degree invalidation and over lap between minute waves 1 and 4 please see yesterday report linked to this idea
so we changed the count of wave 4 to WXYXZ as you can see with the same bearish view the targets now can be seen in 1.2088-1.2074 area
Recommendation : Still Short if you are for the previously mentioned target stop loss 1.2390 wait for buy signal after completion of final bearish move
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Important Note for short traders we all know that short is risky here although we have a reasonable count so it's highly recommended to be very cautious the stop loss value specified before 1.2390 is not valid as we may see the final leg of wave x around 1.2399 1.2420
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our view is the same here we still waiting for bearish confirmation to 1.2090 level for our buy order have a nice trading
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As expected in latest update 1.2420 area was tested before bearish continuation waiting to see clear bearish pattern or count :)