Speculation

hoping to take profit at the 62% fib ratio and then ride the price down to point #5, i will then hope to climb with the bulls where technical analysis of the price will show a confluence of; a double bottom, the 5th point of the bullish pennant and a test of a 2 year old upward trend line. the longer term plan if everything pans out the way i have projected, will be to go long at point 5.