The scenario I'm currently learning towards is a quick move to 1169ish to close the week (EURUSD 1.385)- Elliot Wavers relabel charts. Early next week I feel we'll get a large down day (1150) with another day of follow-through to around 1136 - Elliot Wavers will relabel charts. Market then starts the leg to 1200 (EURUSD 1.40) - Prechter files for bankruptcy.
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