Option 1 goes from here to the blue target: 300 usd. Option 2 goes from here to support, to either stoploss: 180 usd and below, or to the red target: 255 usd. Option green is an extension of option 1 and goes from the blue target of 300 usd to 255 usd as a correction, then to 370 usd as final target in this analysis.
I used Fibonacci retracements, support and resistance
and springs and upthrusts in this analysis.
You can read about springs and upthrusts here: http://www.financial-spread-betting.com/trading/wyckoff-spings-upthrusts.html
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