This move looks the real thing, having started from the long term point of control.
Operación activa
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One of the great (or scary) things about this phase of market development is the lack of a target. Steidelmeyer just said there's a price that stops the market. So stay long and look for signs of the next phase, development of a new POC which could be some way off. I don't want to jinx it by saying it might be as high as 1.3200, but there you go!
Operación cerrada: objetivo alcanzado
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Long term Point of Control (Daily chart) achieved. Might continue but likely to spend some time correcting the recent strong run.