First identified this EWUS pattern , basically a mega right shoulder in Oct 2013.
Subsequently price did not take off and plunged all the way.
What it may be trying to do now is to form a Double Top to complete this right shoulder.
w1 March 2014
Perhaps a good trigger will be via WR2D1B where i can see more confirmation.
This can be a start to play off this DT which can also set off a 8 months 1234 df
I am now waiting for this to happen. Should it happen, this will be
a very good setup with small SL.
It will not be A trade in terms of setup, but A grade in terms of SL management.
no reversal pattern in sight, only a D1 shooting star.
h4 candles shows poking at the ewus level.