looks more & more like c&h, if so target too tallies with my abv 10xxx

http://stockcharts.com/help/doku.php...th_handle_cont

Handle: After the high forms on the right side of the cup, there is a pullback that forms the handle. Sometimes this handle resembles a flag or pennant that slopes downward, other times it is just a short pullback. The handle represents the final consolidation/pullback before the big breakout and can retrace up to 1/3 of the cup's advance, but usually not more. The smaller the retracement, the more bullish the formation and significant the breakout. Sometimes it is prudent to wait for a break above the resistance line established by the highs of the cup.

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Monthly looking still more bullish though 5800 needs to sustain.... monthly bullish engulfing happened...

USD seems to be working out well though overshot a bit abv 55 but overall I think it made a lower top this month...

only problem is all EW guys are scarring the h'ell out... even few days back my TA chartish friend called that 3k level will come & he has started shorting with every 50 pt rise...  time shall tell