=> The rise since April is now clearly impulsive and the last and final levels in play now for this 5th wave is 3650. Pullbacks should only be bought, as mentioned in the previous idea (see attached) and now that we have our pullback..you know what to do.
To put simply, a Q3 hike is underpriced and markets will start trading increased odds of a move from the Fed later this year. It's time to start building positions on the buy-side in dollar for the next few months.
Good luck, I know not many are trading EM so feel free to PM or open the discussion below.