The chart is pretty much self-explanatory. A small pattern for a retracement to create the right (inverted) shoulder pushing the price right back up to 1558 breaking the last week's high reaching the next zone @ 1562. Enjoy and happy Pippin'!
Let's work our way down the big time frame. Everything is color-coded as follows.
montly = red
weekly = orange
daily = yellow
4hr = green
1hr = blue
Looking at the monthly you can see we have a nice broken trend line that was never retested, same line in confluence with the 61.8% fib retracement level. This is where I see the price going and therefore my target...
