StericForex

StericForex

Beginning of W Pattern started around April 20th 2014. We are currently in the trough of the W center. Looking for a swift downward move before retracing to April 2014 levels. We've now reached a Double Top on the weekly TF, and poised for the beginning downward move to .6250 area.

StericForex Updated 

Wu-Tang Pattern forming from 10/14/15 high of 1.14878 Current price is near 50% retracement from 4-week high / low at 1.07923 and is currently on downleg of center "W" pattern. Possible swing short-term long at 1.0792 area to complete head and shoulders before returning south to complete base of "W". Then long to complete final upleg of "W" to possibly 50%...

StericForex

Please leave your comments below.