Break of Trend line and a retrace TP1 @ Fib .50 @1245 TP2 @ Fib .618 @1255 TP3 @ Fib .786 @1265 SL @ 1220
Waiting for Last wave play---Short on Break and close of Channel
AB=CD Pattern in Play and a pattern formation Watch out for reversal at Fib .50 en .618 and price level @ 1.30000 Possible target at completion of the AB=CD pattern and price level @ 1.32500 Book partial profit if it plays out @ 1.3150
AB=CD pattern is complete strong resistance and 14.60 First profit Target at Fib .382 @ 15.10 SL-14.50 Good to Enter now
Potential Sell setup Last leg for A-B-C-D Pattern in play Last drive for Elliot wave in play Possible short at psychological level 0.9800 Possible target at 0.9550
Pattern completion-Good to enter for a target @ Fib .382 SL- 0.70 TP- 0.67
Expecting a retrace to Fib .50 to complete a 5-0 pattern Once price breaks and closes below .79069 open sell orders Expect a long position retrace around .7830/20 Risk management paramount
Wait for the last leg Up the short around fib .618
Wait for Wave completion then Short As per chart Details
Head and Shoulder Trend line Breakout and Retrace--Good to enter now NB: Keep the likes coming and the follows