Short still on track

I know it is tracing long right now but the short is still the trend. I expect it to continue moving up until at least 1.5020 but more likely to 1.5080 and then resume short below 1.4780. From there I would expect another retrace long above 1.4870 before pushing down one last time to a new low.  The attached chart should give an idea what I am talking about.