theory states that, "If Wave 2 is sideways, Wave 4 will be sharp." Here we see wave 4 was a much sharper correction than wave 2, lending towards todays decline as the end of the 4th leg and tomorrow beginning the 5th. Also, the rise in wave one is equal to the rise in wave 5. There was a .50 rise in the first wave, so the fifth wave could take us close to the 2$ mark.
Plenty of uptrend support in the 1.29-1.32 area in the coming days, if it can maintain the purple support the 50 Day will be held by Wednesday.