hahaha ... if UBS is hell-bent on achieving their 1.55 it can easily be achieved and still be in the down-trend ... it might not be the sweet spot re retracement, but is perfectly valid, as long as it does not go higher than the highest point on below 3 hours chart (unless of course I have the top/count wrong) ... becomes easier to predict the moves as the candles print (as it stands now there are a few paths) ... cant recall the % but there are retracements that does fib.854 which is in range of the 155 mark ... so who knows
The Bear Room, page-1278
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