Replies to post #111905 on Simple's Green Room

[pennies2007]

GU Hourly Chart with IHS pattern

Here you go Qui. Beautiful setup on the Lowry IHS. I took the trade because we had a solid bounce off of the 78.6 fib.

Only reason I didn't hold it is because the potential is still there for a move back down to 1.60 to officially complete the IHS with an 88.6 retrace. Plus, the hourly quad tunnel is in a bearish posture now which could drive this rally back down.

Course it could just keep going. I don't mind though...I got my pips...LOL!

http://screencast.com/t/VXqRnP1J