The current uptrend seems to follow an Elliot 12345 wave pattern. It seems that we are currently at the beginning of final impulse wave 5.
Long term Fibonacci level of 100% is expected to be retested at the end of wave 5.
Ride the final wave 5 to gain 15% profit on your position.
Open position at 201.2 (Appr. 50% of wave 4 retracement) Take Profits at 232.5 (Appr. 100% of long-term extensions) Stop Losses at 183.8 (Appr. 63% resistance level of longterm extension)
Please do not risk more money than those you afford to lose and proceed with your own analysis before placing a position.
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