Possible inverted and cancel HS as seen on 4hr/daily. Top TL in 150.2 roughly. Upon clearing 150.3, Potential retest into place in 150.5 ~150.7/8. Strong split above 150.9 may be handy.Originally Posted by ;
Height circa 530 pips.
Potential targets (should it remain intact and is, in fact, an inverse hs) are (1) height x 0.618 above 150.2 = 153.2/3 (2) height plus 530 (height) above 150.2 = 155.3 (3) In expansion, height X 1.618 above 150.2 = 158.5 ish
Either way, it loses the chance to be a small 4th wave correction upon passing 151.3, even though 151.6 has considerable resistance right now.