Here is an update the global picture.

An interesting facts are:

1) The reactions here are always Zigzags.

2) The latest part at this chart has channel characteristics.

3)The figure at the moment has: 3-5-3-5-3 structure.

So a first naive conclusion is - this might be an ending diagonal of primary degree.

If this is an ending diagonal, I beware for the future of national fiat currencies, after the bear market on cryptocurrencies.

But i need to think more on this discovery.

#Elliottwave #elliottwaves