Friday price touched expected retrace top of wave C at 1.33866 doesnt mean much except thats the expected top before wave 3 of big 3, which should be a slammer and make it clear to the planet the usd bull is kaput. In terms of time it could still be a week too soon, the corrective wave up looks too steep. A short of this pair at this time would be good.
Uwaga
for wave 3 of big 3 perspective, look up the yearly version here:
Uwaga
Despite the clearly corrective nature of the low angle and overlapping price slope, there is general confusion as per direction. It will take wave 3 of big 3 to define it. coming next,..
Uwaga
achtung: wed 25th, strong descent with three standing soldiers. if current drop takes out the low of 1.302, we are now in wave three. Else if recovery it will go to 1.32768 , wave 2 top of wave 3 down. Too fast!!
Uwaga
STOP!!!!, REVERSE !!! go USD LONG UNTIL USD index gets new high!
Uwaga
after a brief month long the usd, resumed short uscad at 1.34. usd might rebound to 1.38, a few cents, but is still going down over 30 cents.
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