Completion of the "C"point at current price levels sets up a nice pattern 1:1 move as measured from the "AB" leg. Projecting the ending of the "CD" leg has it ending in a very nice tight PRZ between 123.240 (1:1 ending of the pattern) to 124 (1.618 fib extension of the "AB" leg AND the MAJOR MONTHLY of 124.130 established back on June 1, 2007)
Completion of this pattern will also setup a very nice with the "D" point also within the PRZ. If this pattern completes, there will be a very nice SHORT opportunity waiting there!
Year-to-date Profits: +5,794 pips.
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