2. Stops will be placed above the highest point which is also the A point of the potential pattern. When several highs are close together the highest point often gets tested.
3. Target 1 is slightly above the A point of the .
4. Target 2 is slightly above the 1.618 XA extension. This area had acted as resistance and support in the past.
5. Both stops are moved to breakeven at the 0.618 CD retracement . Target 2 stops are trailed using the DNC indicator once moved to breakeven.