It's looking like GBPCHF will come back to test some levels that I've marked with green lines, in order to gain momentum to test the daily levels marked in red.
-It's looking very bullish because we've close above the previous swing highs that created our low.
See previous earnings with Reverse H&S similar to today's.
Both going into Monthly H&S, so we think after a nice pump from Reverse H&S B/O this am and a big profit we will be able to move to the short side with some very cheap puts. The green line (lower priced green line) is the measured move, but we will prob fall a bit short and then start reversing.
The trend is definitely your friend in WDC. 163 price target of extension. Very deep wave 2. Excellent dividend to boot. Could be a game changer added to a long retirement portfolio. Digital media storage is not going anywhere for the foreseeable future as Euclidian Physics still dominates Moores Law. When the Qbit becomes common place - reassess this...
In the next week we may see the pound rally to retest the previous structure which is a quite strong resistance and a level with few Fibonacci confluent before it continue its downtrend.
This market prediction is just my opinions. If you agree hit the like button, or you can share your view.