USD/INR - A huge inverse S/H/S bottom has been triggered

USD/INR a huge inverse S/H/S bottom has been triggered 

Please see my posts from August 20 - 2014 here and from October 7 - 2014 here first. 

Today the neckline of a huge inverse S/H/S bottom was triggered calling for a rally to 70.18, but this rally could easily become much larger and even turn into something very ugly if a collapse of the Far East currencies is brewing.

From an Elliott Wave perspective a series of waves one's and two's has been unfolding since the May 22 - 2014 low at 58.20 and therefore a series of wave three's and four's now should be expected, with much more upside to come. 

Tommy
2015-02-26
Great call on nat gas

Just wanted to drop you a note to say great call on nat gas as it held 2.67

Great job.

Tommy
Duane
2014-05-26
Great job this week!! Wish that I had more capital to capitalize on all of your great calls! The ones that I have managed to catch have been extremely profitable. I really appreciate you sharing you v...
Duane
2014-08-29
Hey EWS,

Great work on the GBPCAD and the NZDCAD. These are the type of opportunities that I am looking for, monthly turns caught with daily or hourly entries. Easy money!!

Duane