[patricio_w]

Lets proceed with the wave count of this corrective rally of the 25Jan High.
This Wave A should be finished at 1.2063 low if is not complete is near completition we can see the typical subidivision of that Wave A into 5 minor waves.
Then if Wave A is in place then we should see a rally up for a Wave B the problem is price time. Wave B are difficult to determine we probably will see subdivision ABC of that Wave B but all i can say is that the Wave A was strong quikly it penetrated the 0.786 of Wave 1 or A so it seams than the corrective rally is strong. Is that the case Wave B should not correct the 100% of the Wave A so 0.618 of Wave A will probably enough for it

I draw a possible scenario for the next 15 days ending at middle of february with the complete correction of the WAVE 1 or A.

That corrective rally as i said on prior comments should be ending between 1.1990 1.1901 imun correction for a Wave 2 or B

Lets see how s going on