This could turn out to be a wave A or the beginning of an impulsive wave.
I prefer the idea that we have made a major top and should
move lower in an impulsive manner. Check out my weekly
chart to find out why
I will look to sell rallies as long as 1.396 holds.
Follow all my demo trades at http://www.myfxbook.com/members/tlkemmy/demo/854232