The targets on this chart are produced by a proprietary model. Data is fed into the model, the output is the targets you see on the chart. The resistance zone is also defined by the model. A break of the resistance zone nullifies this set up.
Refer to the related idea to look at the larger cycle in play.
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.