We have shown a Head and Shoulders Bottom, with a recent retrace to the .500 fib level. Which should project to the 1.618% as indicated by the circle drawn above. We may see a slight retracement before continuing the trend to the north, but as of now the Pattern looks to be holding true.
Comment
⋅
I had called this a few days ago but forgot to hit publish. The 3 whitelines on the right were my initial take profit areas for the more conservative traders. As you can see it hit the primary TP 1, and should close in on the others.