Wave 1 of 3 became slightly deeper than my target area between 132,10 - 132,20, with the test of 131.96. Wave 1 is now done and we should see wave 2 of 3 up to 134.21. At 134.21 38.2% of wave 1 would be retraced and 134.21 also marked the high of wave (iv).Once again I will stress, that we are in wave 3 down, which normally is the most powerful impulsive wave and corrections tend to be sub-normal.
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