This played out perfectly :). I missed the double top entry while i was at work!!!! Now i gotta deal with all the fx drama before it goes down :)
deathbed11
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so after it reach the top i will drastically drop right?
WicktatorFX
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@deathbed11, The arrow is just pointing in the direction I believe it will go. As for it being a drastic drop or not, I do not know. Maybe it will drop to its deathbed ;)
deathbed11
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@Wicktator, hahahahhahaha so how long?
chocoholicq8
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nice analysis .. will watch it
aattwood530
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GREAT WORK UP AS ALWAYS
reecardoUK
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nice charts, appreciate your hard work. Just a practical point, would you wait for the ascending wedge to be broken and enter short on a re-touch of the wedge line - or wait for the break and enter on 50% retracement of the down move? Just trying to figure out how to trade the setup - advice appreciated!