Black circle wave 2 is well underway, and wave b of the simple zig-zag ended in the Far East trading overnight. Wave C should now be under way. A break above 143.97 will confirm that wave iii of c is ongoing. If wave c will be equal to wave a we should see a top near 145.57, but it would be a nice fit if wave c was 1.618 times wave a calling for a continuation higher towards the 146.83 area.
I just wanted to show the internal wave-structure of black circle wave 2 with this the 5-minutes chart.
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