There was a wolfe wave setup on the daily time frame and now it is complete. The projected target is calculated by extending a linear line between pivot 1 and 4 and projecting the line. This is represented as the green perforated line, as shown in the chart. There may be more upside for UPS; however, since this is a pattern trading system it is now terminated and we look for the next setup.
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Discord: discord.gg/b2s56tmVgC
Free Checklist: subscribepage.io/gap_reversal_checklist
Youtube: youtube.com/@TOS_OPTION
Website: www.tosoption.com