SRT chart..., page-568

I see parallels between the week on or around around 5/1/16 and with the past few days. in both cases theres a rally in the following days followed by a retrace with low volume. The only major difference is
1) the earlier rally started from around 1.7-1.8c. support/resistance
2)) overall greater volume.
both EMA and VMAs cross with almost identical increasing pattern beforehand.

This time, I hold the view that with support around 2.4-2.6, one would envisage a high around 3.4+ as stated by many good chartists. I agree with their analysis. However, like early january we could see a fall back to support levels again (in ie 2.4-2.6) before suspensiom.
Theres the also likely possibility of another rally from this pullback before suspension with 3+ levels holding.
I would be tempted to take profits at 3.4, but realise this is a longer term commitment and an exciting story that continues to unfold.
cheers
Dj