Fib channel gives path to 255
Updated
Taking a different approach with this one and seeing how accurate the fib channel will prove to be. Whether a fib channel or not, price has been traveling in this channel with some exceptions bottoming out or breaking out. Overlaying volume profile indicates its about to find a base over 228-230 and may make its next move from there.
Trade closed: stop reached
Hit highs in the 240's
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