on route to higher highs if these trend lines continue to be respected. ill buy on the retest and look for shorts as it reaches points on resistance zones
fell out that channel and might get back in
BOUNCED WELL OFF OF A FIB 50, PREVIOUS TOP AND AIMING FOR FIB 1.272
BUY ON EACH PINBAR RETEST WITH A SL BELOW THE WICK AT ONE OF THE THREE ASCENDING TRENDLINE. TARGETS AT HIGHS. WHAT EVER STOP LOSSES GETS CAUGHT WILL BE MADE BACK ON THE NEXT RETEST
MORE PROBABLE FOR A BREAK TO THE UPSIDE. CATCH IT ON THE RETEST
MAY RETRACE TO A KEY LEVEL BEFORE BREAKING THENHEADING IN TO COMPLETE THE "W" FORMATION AKA HARMONIC PATTERN
IF THE ZONE fails to hold we can expect a sell off to the fib zone before our next impulse
looks more in favor of an upside break