A or ii

The short has confirmed and we are in wave ii of the (v) wave short that should end somewhere near 1.4320. Currently we have 3 waves long. This is either wave .A of ii or wave ii is complete. I favor the former scenario. In this case, we should have another down up movement before wave ii is over and the short resumes. This event could take another day or so. Either way, this is a great place to get in short and hold till wave iii is complete. See chart below.