If our count is correct and if our model is right, this could be a massive short to 1,257 levels and after to all the way to 1.23 (wave 5) to the possible mega neckline (shown on chart). Long positions shall be EXTREMELY CAREFUL!
Commentaire:
Target on track. 1.255 (red dotted line) is first target. Expect some bounce back at this level. It should then resume the fall completing wave 5, at which we may expect some recovery (short term) from the Neckline (shown on chart)
