The first top

It seems that the rally is near an end for now. Looking for wave B to start soon.

Correction

We're at the point of invalidating the count. The size in both price and time was becoming way too big for a wave iv compared to the size of wave ii. So i'm now counting it as 5 waves down completed.

On the bigger timeframe, this puts us in either wave iv of 3, or in wave A of the 3 wave correction up from the bottom.

Complexity simplified

The complex correction was only wave "a" of a bigger correction. Price cannot exceed the red line for the count to remain valid.

The answer was complex

It appears wave iv ended as a complex correction (w-x-y). Since we topped in wave iv, we have 5 waves down and 3 waves up with price rejecting the 61.8% fib. This suggests that wave 5 is starting a 3th wave.

The proposed triangle count didn't work out, so here are the rest of the possibilties. Breaking the green line would put high probability that wave iv has ended and wave v has started.

The final count down

There's a possibility that a wave 4 triangle is forming. There are a lot of other possibilities like a bigger triangle (still forming wave b), a flat, or a complex correction. All have the same outcome, an eventual new low in wave 5. Count is invalid if the wave 1 low is breached.

The dollar pension fund

Here's a reason for the alternate count in Eur/Usd. It looks to me that Usd/Chf has bottomed for an extremly long time. This would also mean that stocks have topped for a very long time...

Small adjustments

I've adjusted my count a little bit. No more leading diagonal but a normal 1-2-3-4-5 count (green). As for the daily count, i've added a new alternate count in blue, where wave 3 is possibly extended.

Euro breakout coming?

Looks like eur/usd could be ready to go higher in a wave 3 of C. Risk is small compared to the potentiel reward.

To B(ottom) or not to B(ottom)...

The wave B correction went deeper than expected and price even made a small new low. This was quickly rejected, which keeps the possibility of this being an expanded B-wave intact. If price goes to a new low now, I will have to adjust my count.