It looks like we are reversing direction now that we hit the trend line in my analysis. We hit the full extension in red and I expect to hit the full extension in blue. I think a small pullback could happen before heading further north. Overall I'm planning to only trade this in long situations. The pink is a 1:1 measured move from the previous move upwards. I expect to hit 160 in the future so I'll be basing my trades off that theory.
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