I have shared a possibility earlier today with a $200 target... but I have revised it to this setup... that is more plausible. The reason is that we work with diminishing returns on each cycle... The $120 target is more plausible with the help of the fib pitchfork channel. A break into the top part of the channel, with result in a $400 target. Highly unlikely for the cycle... but you never know. Profit target levels is were the blue and purple levels is to the top. A sudden dump into the purple lower part of the channel, will give you the buy of a lifetime. Let see what Sept brings.
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