Hi everyone, hope you are all ok.

Let's get into it...

Weekly Chart is showing how a completed Wave B of (D) has, again, reached the %50 retracement of 

the 5 waves raised upto year 2015;

And,  after a quick raise in Wave C(red) to complete Wave (D), seems like another drop for Wave (E) should target 

the lower trendline to complete this long term correction. 

A breakout of this long-term triangle, after the correction under the current count,

would suggest the beginning of the start of Wave (1) of a long-term raise.

(a drop across the %50 retracement would favor Alternate #1 count for an extended Wave (C) correction towards the %62)

Daily Chart is showing Wave (D) completed, with a extremely quick drop and an equally

quick rise.

The current Wave (E) has already completed its internal Waves [a] and [b] and could have also completed Wave [c],

although left Alternate #2 and #3 for a possibly extended Wave [b] and [c] (respectively).

As per current count, expect the price to raise to form Wave (1) up...

4Hour Chart showing more in detail the internal waves of Wave (E) possibly completed and its current Alternate counts.

60Min Chart shows in even more detail the internal waves of the initial waves up; 

With Wave (i) completed and now a Wave (ii) correction possibly completed at nearly %62 retracement of Wave (i)

but that could also get extended towards the %76.

Weekly Chart, under the current interpretation,

 shows a Wave 2(red) crossing slightly over the %62 retracement of Wave 1(red)

and now an extended Wave [ii] taking place as the initial correction of Wave 3(red).

Notice the Alternate counts #1 & #2 for alternative corrections to have in mind.

Daily Chart is showing now more probable for Wave [ii] to make an extended correction

and target the upper trendline again.

Further impulsive waves down will give more weight to the probability of Wave [iii] start.

Although, as per Alternate #2, Wave [ii] could be already completed after a rejection at close to the %62 retracement of Wave [i].

4Hour Chart is showing Wave [ii] correction is now getting extended.

And now its internal Wave (b) showing to be completed at the lower trend channel.

Now that Wave (b) is finally completed we should see the price to raise in 5 impulsive waves towards the 1.12400 price level 

to complete Wave [ii].

However, bear in mind the possibility of Wave (b) still aiming to the lower trend channel (orange), as marked by Alternate #3 count.

60Min Chart is showing more in detail the internal Waves of Wave (b) and (c) of Wave 2(blue)

possibly completed at the lower trend channel.

Although the raise now is not yet showing impulsive waves, which questions the current count.

Next, expect impulsive moves up to confirm current count for Wave 3(blue) towards the upper trend channel.

Weekly chart shows Wave 1(red) and a Wave 2(red) correction completed at the 200EMA level with a retracement 

between %50 and %62 level.

From there the price showed an impulsive move down that was rejected by the lower tendline;

A move that suggest the initial waves of Wave [i] of Wave 3(red).

Note Alternate #1 for a possible larger Wave (4) developing.

Daily Chart is showing the Wave (iii) (of Wave [i] of Wave 3(red)) completed in a sharp move down.

The rally afterwards looks like an odd Wave (iv) correction that stalled between %62 and %76 retracement of Wave (iii);

And now the price has moved impulsively down as would be expected from Wave (v) on this count;

... after breaking out of what seems to be a raising wedge or range formation. 

(1.28900 area remains this count's Invalidation level - As the lowest of Wave (i)).

4Hour Chart shows Wave (iv) completed

between the %62 and %76 fibo retracement of Wave (iii).

Wave (v) has been confirmed as the price broke out of the range to the downside.

And the current count is showing the possibility of its initial Waves 1(blue) and 2(blue) completed.

Although Wave 3(blue) possibly developing but not as impulsive as one would have expect for a third wave.

60Min Chart shows the internal waves of Wave 3(blur) under development;

With its internal Waves (i) and (ii) possibly completed.

Next the price should continue moving down, where previous Waves (i) and 1(blue) to

hold the price from raising for this count to remain valid.

All the best for everyone and please do not hesitate to contact me if you have any questions or comments.

Andres