Moved entry to top of structure, keep an eye on the 707 anyway
BOUNCING OF ALL TIME LOWS, WITH DIVERGENCE, TARGET IS WEEKLY TREND LINE FOR 1600 PIPS
basic ABC structure, buying the 50 fib with 1.110 target. POWER OF 17 HEAVEN, with SNB behind it.
STARTING THE 2ND IMPULSE WITH WAVE 1 EXACTLY THE SAME AS THE PREVIOUS IMPULSE. AT 618 FIB AND CLOSE TO UPPER TRENDLINE, WATCH END OF 2ND WAVE FOR AN ENTRY LONG ON THE 3RD WAVE
Watch continuation of down move to bottom of wedge for a possible small bounce and further down move to the 7000 handle
PROBABLE BREAKOUT TO NEXT FIB EXTENSION LEVEL AT 1.6165
MACD SHOWS START OF 5TH WAVE WITH NO DIVERGENCE
TRENDLINE RESISTANCE WITH DOUBLE TOP + BEAR FLAG BREAK
BROKE DAILY TENDLINE, FORMED BULL FLAG OUTSIDE TRENDLINE, BROKE BULLFLAG AND IS READY TO GO
EXPANDING WEDGE LAST LEG UP BEFORE BIGGER MOVE DOWN