look for the M Pattern to work its way down to complete
this will big a huge PIP opportunity
you can catch this trade in 2 ways one catch the forming of the right shoulder or you can wait until it comes down to the neck line and put in a sell then the fib is showing you where it will end up so the choice is yours get ready to up that PIP count
LOOK FOR THE PATTERN TO COMPLETE THE RIGHT SHOULDER AND MOVE UP FROM THERE
LOOK FOR IT TO RE TRACE AT MINIMUM 50% IT CAN GO TO 100% USE PROPER RISK MANAGEMENT
SELL NOW INFO ON CHART
THE PATTERN NEED TO MAKE THE RIGHT SHOULDER TO COMPLETE HEAD AND SHOULDER SELL NOW
wait for the retracement and buy on market action all the info you need is on the chart
the pattern was made we are waiting for the retracement and wait to buy it in market action if you want all the info is on the chart
it is going to form a W Pattern. the fib is layed out for you to take profits. i would take profits higher then .786. i would buy right now S/L 1.91643
it is on its way getting ready to form this pattern when it does the picture tells you what needs to be done. the pip count at the 100% mark is 320pips