Follow up to this. It is starting to lose momentum. I cant make a chart right now cuz im using my phone but if you check the hourly chart it looks as if its forming a h&s pattern with the neckline around 0.33. If we break that it should send us down to roughly 0.29-0.3.. i will start adding long positions in the box if we get there. We will have a chance to rally in a larger 3rd wave from there. Lets hope $SEI will hold that 0.28 support level. A wick below does not mean invalidation. Invalidation is pretty much the start of wave 1. However the closer we get to the invalidation the lower the chance of a 3rd wave rally.
I have entered a short with x10 leverage around 0.358 with a tight stoploss. It was a low risk trade and so far its working out.
