This is a 3:1 setup. I think CHZ will explode soon after it was leading the market. Moreover, if you discern it in terms of a pattern, it resemblance the structure of MATIC before it was exploded.
However, if you are able to enter at a lower price, I would suggest you to have a SL at the swing low.
The target is the 0.618 FIB retrace of the previous swing which is reasonable in case we are going up for either C wave or 3th wave. The extension meets there.
However, if you are able to enter at a lower price, I would suggest you to have a SL at the swing low.
The target is the 0.618 FIB retrace of the previous swing which is reasonable in case we are going up for either C wave or 3th wave. The extension meets there.