I'm still expecting an up impulse (C wave) which will break the previous top and the structure will be a regular flat. My forecast will remain same unless it doesn't break the previous bottom. There is no trade setup at this point but I'm waiting for a reversal impulse, then waiting for a small correction, then I'm putting an entry order over the last top. If it makes a new low, I will repeat the same process until it breaks the bottom at 1.2154. There is also a chance for a correction as 4th wave (yellow counts), but it is too early to say anything about it. I will take the trade first, then I will see the next structure. I haven't put the order yet, I'm still waiting for a small correction.
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