I've measured the retracement and projected the next target at just over $9000.00.
At this point my view is that the bull's are beginning to fight back and we can expect to see the new high tested over the next week.
I've set a low 1% risk entry at 7350 and another stop - limit entry of 2% risk at 8353 if a new high is broken. If the prices breaks above 8353 I'll tighten up my trailing stop around 9050 as i expect that is where the next retracement may take place.
This is in no way financial advise and ones self needs to make their own decisions before investing.
***This information is not a recommendation to buy or sell. It is to be used for educational purposes only.***