Based on the Contraction pattern ( VCP ), the first Cup depth was around 47%, the 2nd Cup depth is around 27%.
I am expecting it to have two more cups with decreasing depths (14% and 7%).
A breakout above 115 with huge and the wide candle will ensure the beginning of a big uptrend,
Current Price - 115.75
Entry - Above 123 ( Wide Candle and Huge )
Target 1 -146, Target 2 - 194
All Trades Involves Risk
Please do your own Risk Management.
That's the reason the Entry should be above 123 only and that too if the candle is wide with good volume.
A good time to enter for a longer time.