Been watching this one.

I wanted to comment earlier on this one, but just remembered now. It's not too late to watch this, though, you just missed a lot of the 'magnet' move. I can't say if what I have will match the FX chart, since I'm using futures charts. I got to thinking if this flat ABCD doesn't hold, maybe it will do a DT ABCD (futures are inverted from FX, so it will be a DT in futures). I have an 'adjusted' set using the big move from March to August. The DT completion point is at the division line. Put a 'natural' set on there using the Mar, Aug, and Jan highs. ML should be right there. Toss in a .564, the appropriate BC external retracement (I'm getting more and more wary to mention certain things, in case we aren't 'secure' as roofer used to say), and some other things you may find that I have, and look at that area. If you don't see it all come together on FX, try a futures continuous contract chart. Let's see what this shows, M.

can't post a chart right now but I did take the short when I posted the above.it briefly dipped and I got out with minimal gain.I really think the setup was way too obvious and the typical place where games are played and traders get trapped

updated chart with Jim's pointers