https://www.tradingview.com/x/D5HqZ8aq/

tri 4, then 5, then down with reversal confirmed

the 5 (“v” in the chart) likely marked the end of subwave iii internal to wave 3 of higher degree Wave 1 up (or A up, if within a large ED) off the Yen Carry Scare Lows.

“FED’S SCHMID: THERE’S ROOM TO REDUCE THE BALANCE SHEET FASTER THAN WE ARE NOW – CNBC INTERVIEW.”