Following its most recent drop, it is sitting near perfectly on its long term trend line in the high $80s. If this holds(tight stops are suggested), I'm anticipating the beginning of Wave 3 up, which if validated could result in a near doubling of its current price.
If it drops, stops hit & long term trend line lost, but R/R looking pretty strong at the moment
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The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.