A move above 238$ could take this to new highs giving a R/R of more than 3.5R. If price goes above 262$ (78.6% Fib retracement), it's likely it can go towards the 127.2% level around 300$.
Questions? Chat or Comment on Ideas Don't forget my public Telegram channel - t.me/em16public
Thanks !
Also on:
Disclaimer
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.