In recent CUB chart show AB lag Simply identified chart pattern is AB=CD So, as per this pattern our target is 235 to 237. Stop loss is low of point C ....
Now as per my trading style one can look for buy above 188 for target of 1st- 207 2nd -220 3rd- 237 & Stop loss is 168 So Risk of 20 point for target of 49 point Risk reward ratio 1:2.45
Also refer time interval , which can use as key reversal zone .......