We got a Leading Diagonal wave 1/A up followed now by this 3 waves correction.
We should now be in wave (V) of higher degree red wave ((C)) of higher degree wave 2/B.
We're approachine the ideal reversal zone at 1.1000.
A break of the upper channel line and above 1.1090 would suggests the bottom is in and we've started the reversal higher.
Invalidation is 1pip below wave 1/A low.