The larger structure is looking for an ABC up into the 144-175 range to complete the C wave eventually.
In the meantime look to be forming the wave v of c of D into 114.80-116 prior to wave E in the 111-108 range that would complete the larger wave B and look for a lot of strength as market heads deeper into 2019-2020 with prices up and through the 120-125 resistance and then some...
Alternate would have this recent high as wave D and already in wave E with 112.20 giving way before through 114
In the meantime look to be forming the wave v of c of D into 114.80-116 prior to wave E in the 111-108 range that would complete the larger wave B and look for a lot of strength as market heads deeper into 2019-2020 with prices up and through the 120-125 resistance and then some...
Alternate would have this recent high as wave D and already in wave E with 112.20 giving way before through 114