Black circle wave 2 up to at least the top of red circle wave 4 at 138.17 is ongoing.
From the bottom of black circle wave 1 we have seen wave A and B and are currently in the beginning of wave C up. If wave A and C are to be equal in lenght wave A will finish in the 136.13 area. If wave C rallies beoynd that level we will have to look for wave C ending near the 137.54 area instead.
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