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I think thats pretty clear to everybody. Shoot me a message on facebook (guess my link add) if you have any questions, concerns or donations LOL. Mainly a reminder to myself.

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The downchannel works perfectly here. Red supports are not drawn to fit, they either represent psych levels (like 1,2,3, 4,50 or such) and in the case of the last current drop it "cross hit" the channel bottom, closing above and signaling a bounce. The channel is fitted by the first low andall the tops. Until now, this channel perfectly hold and you could have...

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The Channel works perfectly here. Green supports are not drawn to fit, they either represent psych levels (like 1,2,3, 4,50 or such) and in the case of the last current drop it "cross hit" the channel bottom, closing above and signaling a bounce. The channel is fitted by the first low and the last high tops, not the last low. i think about $3 should be the perfect...

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I decided to draw a chart today, just to practise this, but i was at work and had limited time. This time i took more time and i want to update this. I did not believe that the 780 support would hold for a third time, and I think it gets more and more interesting as we continue to swing in waves of 50$. If you dare, you can make a lot of money there: the borders...

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We will see

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Think it goes faster this time. We failed to climb up to the trend earlier (see Jozzaboys chart). The lower line of the purple channel and the middle green ray are exactly where the predicted bar pattern points. This is not fitted, I just realized it myself.

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There will be multiple chances for 100%, but dont expect this to turn to a bull market soon. It just perfectly resembles the last fall.