Italian BTPs get ready for next leg lower

Head and Shoulders top playing out nicely. Currently in wave iv triangle of larger wave 3 (or C) down to 108-111 area where there is a confluence of 61% retrace of the 2011 upswing plus H+S top target and also 3/c = 1.618* a(1)
Already short but you can add to shorts here at 127.25 with a stop 2 points higher and looking for perhaps 17 points on the downside in coming weeks/months
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