within the daily timeframe, the development of the third wave of the higher level (3) continues, which includes the formation of the fifth wave 5 of (3). On the 4-hour timeframe, wave iii of 5 has apparently formed and the development of a local correction as the fourth wave iv of 5 has completed. Within the hourly timeframe, the formation of the fifth wave v of 5 has presumably begun, as part of which the first wave of the junior level (i) of v is developing. If the assumption is correct, then the pair's growth will continue to the levels of 1997.97 – 2070.98. The level of 1784.38 is critical for this scenario, the breakdown of which will allow the pair to continue its decline to the levels of 1722.24 – 1616.95.
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