http://allyoucanupload.webshots.com/v/2001932437728923299][img=http://aycu01.webshots.com/image/45480/2001932437728923299_rs.jpg
the first time I've used this and the link looks messy - anyway theres a channel and at 1.40 a fibonacci reversal point is in place.
when there's 2-4 cents spread between the bid and ask the specialist is likely trying to move up