Price is under the 50% level. Signifying that price is undersold. Also, we can see in the retracement that we are currently on, that there has been a low form and now we are trading below that low at a major Fib level. For targets, there is a beautiful perfect, eq. tops around the $300 level. Making it inevitable that we will go there.
Trade active:
As you can see we have an impulsive reaction off the 50% fib level, leaving an +order block behind and creating some imbalance gaps. Our target is still above $300. We can also see price rapidly reach for those eq. highs.