Before the move up, there may be a short down to use the .236 fib as support. Afterwards, the move up should complete a head and shoulders on the D point of a bullish butterfly harmonic. Take Profit 1 is between the 0.5 fib and the B point of the labeled harmonic.
There is also the possibility of UJ going higher up eventually to retest the weekly resistance on top if the bullish momentum is strong enough.
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