Scenario ( 1 ) Central Banks have nothing left to offer to prop up economies reality starts to set in gradual decline . Scenario ( 2 ) Sovereign defaults , Major war , pandemic etc ......
Price continues the correction to the neck line before starting the measured up move 155 / 164 area .
Going back to late April possible projection going forward .
Looking to complete ( c ) in the next 2 - 4 weeks than continue the next up Impulse .
A simple observation . Should know shortly if price reacts accordingly. Maybe only to the 1.35 level .