Been preparing this for a while. Now i see no reason to not share this view. Its been quite tough to trade this, however at this point the view of the dollar losing value to the EUR seems to be absolutely inevitable.
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The intention is it would be considered as
Long EUR Short USD
The point of no return is once the EUR crosses 1.225## levels
@SPX5000, hope this helps. There will always be 2 views. Eventually the waves will tell which is right. Notice we are a tipping point. If you look at DXY, its retraced to a point where there is a lot of support for the dollar but at the same time this is the point that will decide, what the markets are up-to. If the dollar continues to fall its going to pain. Thats why i've indicated a line for the point of no return (tho the numbers i've quoted in the notes are little more in the area of mass resistance).