Weekly fib and entry above previous weekly high

17 בנוב׳ 2014

This trade was taken after the close above of the previous weekly high. My T1 is the 1.27 of the last down leg and a triple top, with T2 the 1.618 extension of the last down leg. I may be in this trade for awhile but the profit potential is huge. Stops will of course be brought to break even at or close to T1.