Possible long scenario now that harmonic pattern is complete

Waiting for a pullback to around the 106 level to add long positions.
TP1 108.40 (38Fib)
TP2 110.90 (+61Fib)
TP3 114.80 (100-127Fib and long term multiple top)

Good luck.

Zlecenie aktywne:

Quite a few visits to the 106 region...even a spike down today to it and recovered pretty quick. Must be many traders around with tight stop losses.

Additional:
A descending triangle forming with the 107 level to break and hopefully the long journey up.

FOMC will be the telling factor tomorrow.

Komentarz:

Due to politcal factors this one not going as planned...keep getting stopped out at breakeven.

Nonetheless, will be giving this one till beginning of April to break out of the current wedge and resume its bullish trend.