I'm expecting a medium term pullback to 1.25-1.26 before going back up to 1.30-1.31. Wave 4 is a corrective wave, therefore I'm expecting it will be in 3 subwaves (A-B-C).
I agree with your analysis, my question is will there be a corrective wave from the top say 1.31 1.33 back down to make a new low or retest the 1.20 range. Many are forecasting the 1.15 1.13 zone as a final bottom before a much larger degree wave begins into 2020 exceeding and surpassing the last high, would you mind sharing your insight please.