The wave count shows that we can not shoot up from here as many are assuming. The count requires a double top in the 1.32XX region (where we're going short around 1.3220) followed by a double bottom in the region of 1.29XX (we'll target 1.2935)...it should shoot up when it double bottom, for now we're shorting 1.3220 targetting 1.2935 Good Luck All