1. Look for price to go down to the 2nd support level of .5.
2. Price may retrace 2 times at .5 & .382 before the big breakout "Long"
3. Regardless the price will break through the channel by 5/30/2016
4. The Uptrend will start once this happens.
5. If the price does this look to enter between 1.30028-1.29700 on a"Long"
6. Profit Target is between (A)1.31439-(B)1.31266
2. Price may retrace 2 times at .5 & .382 before the big breakout "Long"
3. Regardless the price will break through the channel by 5/30/2016
4. The Uptrend will start once this happens.
5. If the price does this look to enter between 1.30028-1.29700 on a"Long"
6. Profit Target is between (A)1.31439-(B)1.31266