In this Daily chart, I zoom in even more to the wave V of (3). And I break down the internal wave count for that wave V. WAVE COUNT What I see is that the wave (3) may have just ended. So if that is correct, then there is a wave (4) of V coming or underway. If it is, then I see a decline in a wave (4) down to around 1.35 where prices meet with an ascending TL and is just above or at a minor sr structure. Of course, after the wave (4), then there will be a wave (5) higher to probably around the 1.42 levels where the wave (3) would finish. After that, we will see a LARGE DECLINE in a wave (4) down. PATTERNS I've places 2 patterns here on the chart but they are both very speculative and not to used for trading purposes. Both are POSSIBLE Cypher patterns. The first cypher (yellow) has it's MAX C point below where there is a possibly important fib cluster. However, if prices do get to that fib cluster, then this cypher will be void anyway. The second cypher (blue) will have it's C point "activated" at 1.43194. which is the MIN for the cypher to be valid. That point also happens to be right at the upper TL of the larger ending diagonal. That cypher has it's MAX C point at 1.44867 (shown). So from 1.43194 - 1.44867, this cypher would be valid.