I see 18-20% upside once we are done in current correction
Cup & Handle pattern that needs to be confirmed by a breakout and with high volume
Law of alternation btw 2 & 4 could mean we retrace 0.5-0.618
Will watch EUR/SEK, USD/SEK closely coming days
Will follow this closely!
Amazing moves.. followed by Part 2..
My preliminary forecast for 2016
Could bounce from here to first TP1=19235 (0.618 FIB) or TP2=19583 (0.786 FIB). Would put SL at 17955
If Deep Crab in place, we have atleast +14% more before the drop. The completion of this pattern converge with 2011 ATHs