Thought I would open the thread this weekend with some charts I...

Thought I would open the thread this weekend with some charts I just posted on the WPL thread. Hope everyone has a great weekend currently night shift and counting down the days to go and see my favourite band green day.........look out Melbourne gloveski's coming

two charts on WPL Firstly the weekly which has alot of fib times coming out this week so have been biding my time and took a small entry today which is a little in the red. When I was looking for fib clusters I tried to match 233 weeks to see if it had any significance the starting point doesn't but you can see alot of hits along the journey.

Second chart is of the daily which looks like it can go either way for the bears could be a head and shoulders pattern. For the bulls some divergence may be forming on the momentum indicator and we will get a 9 count which also is a good spot for a turn the line at 47.03 is the low sqrt +1.25 resquared which should give some support for the gann followers. My stops are just under the gapfill. Ultimate target 54ish
As always DYOR as I am a baby in trading terms

http://i553.photobucket.com/albums/jj387/gloveski/WPLfibtime-1.png?t=1260507011



http://i553.photobucket.com/albums/jj387/gloveski/WPLDAILY-1.png?t=1260505594