Either we've seen the end of wave 5 thrust from this triangle
or it is about to extend in 5 waves to the tri projection that
is right around 1.1425 from a simple a-b-c correction into
nice support at the .
Target 2 is the length of wave 1 depending on where
wave c finally reverses.
The question awaits an answer . . . with one more zig
and then a zag to end c wave with the confirming
an entry trigger around 1.1140/20
a potential double bottom forming on the hourly chart against the
dragonfly type doji 9 hours ago with some divergence on RSI
So, I'm in @1.1137 with stops just below the resent lows @1.11199
Small risk with the idea this is the 2nd wave bottom
this proposed c wave is complete. It would take an exaggerated
imagination to see 5 waves within c wave at this point. And, even though there is
a "dragonfly doji" on the hourly chart, I'm waiting for more evidence
the bottom is in place.