I'm no expert but...

I'm no expert but I like the way this is shaping up. I'm pretty new to charting so I'm taking what I've learned so far and trying to put something together. We got a great bounce on yesterday's selloff to form an awesome parallel channel and begin our impulse 5th wave. Just so happens that the fib extension (someone tell me if I did this wrong) lines up almost perfectly with the $1.0 mark. I think I may use that as my first profit taking point. and look for reentry on the pullback that will likely happen especially if it's happens fast like in wave 3. Not financial advice.