Watch for directional response to significant level

+ FSM poised to re-test a recently broken resistance line.

+ Its current trajectory is set to meet the line where it intersects the lower pitchfork prong, amplifying the impact of a break-out.

+ If broken, consider its relationship with its 0.382 Fibonacci retracement level. A pull-back to previous highs from here is characteristic of a natural retracement within a larger trend.