[patricio_w]

Thanks Shajai,

I think this is going to be a very lateral correction, as it did on W2, complex correction of an ABCDE, instead of an ABC, the rally we can see by now is a typically WA we can divided into minor waves 1,2,3,4,5.
The key to take care, i mean, the key that is going to show us when this w4:3 is complete or near to be complete is the ratios information, we have to marke very carefouly 3 points, 0.382, 0.5000 and 0.618 of the Wave 3:3, and to be more specific ill take a deep look between 0.500 and 0.618, an if you want to to try a price i ll say 1.2163, why?
First the W2:3 had corrected the 0.786, typically correction for a W2:3, in that cases, most of the time, W4:3, dont take 0.786, if the W2:3 did it before, and why 1.2163?, because is the same correction the euro is doing into the 1440m chart. the ideal correction of the wave2 is 0500 of the W1, that is 1.2163.
About time? well, the lateral moveof the Wave 2:3 took like a week to develop, we could see probably all this week the Euro, moving sideways between 1.2320 and 1.2160.
A break of 1.2320, without reaching at least 1.2213 (0382 retracements of W3:3) is strongly bullish

I will take a vacation till Sunday, i will try to make some coments, but it will be no charts till next Monday, have a great traders sessions to all of you, take care, thanks