when we have two methods of arriving at similar target we should give it more weight. the level where 1=5 at 127K and the 50% of 1-3 at 130K. i consider this the minimum level to attain during this cycle
another reasonable target level is the 61.8% (of 1-3) at 186K.
above these levels it becomes more speculative. we need some blow off top price action to reach 244K and or 310K
another reasonable target level is the 61.8% (of 1-3) at 186K.
above these levels it becomes more speculative. we need some blow off top price action to reach 244K and or 310K