Strong upward momentum with gap support at 52.1, bounced off .312 fib with bullish divergence on MACD & Stoch. Tp fib extension .618.
Entry 52.99
SL 51.98
TP 55.2
2.21/1.01 = 2.19R
Strong support at $90 region, confluence of fibo support from previous swing lows (.312 & .618).
Entry $0.05 above consolidation, SL $0.05 below consolidation, TP using fibo extension .618 with 2.2 RR.