Wave C Down

The new wave B top count was the correct one. Price following the top should be a wave C, where we have wave 1-2-i finished. Minimum target would be 1.3693 ( wave A low ), another target 1.3337 ( 161.8% fib ext of A ). There's a possibility that this 1-2-i is actually an a-b-c. If this is true, it is possible that we are in a wave Y instead of C. The difference is that if we're in a wave Y, price can go higher than 1.3981, where if this is a 1-2-i, price cannot exceed this level. Yet another possibility is that we are in a giant triangle, which would be a wave X in the pattern from the 1.1875, but I would keep this as a second alternative.