Correction to $180 zone

After completing an institutional buying module, which started since June 2022 and since we have closed a large segment that started since April 2022, I think it is very likely that a correction will start that will take us in a few weeks to the $180 price zone.

An entry below $230 with a stop at $245 which gives us a risk of 6.88% and with a possible profit run to $187 with a return of 18.6% is an r/r ratio position of 2.7, not bad.

Economic CyclesTrend AnalysisTriangle

Disclaimer