Last C wave from 89 to 93 was C wave in ABC correction on bearish trend. Now we are forming wave 1 in new 12345 bearish move. This one might be both a 1 of 5 and 1 of 1. Anyway we will see correction ABC waves from 89-90 as 2 of 5 or 2 of 1. I marked those ABC waves as a default, but corrections never play it simple. I am waiting for wave A and will SELL EUR/USD holding it till 1.197. You must be a brave person to trade correction, but this one is simple.