120 USD should be the target ...
First the rising wedge needs to be played out, then correction ...
Landing Point from break out, should be somwhere in the blue skybox ... Give it some time ofcorse, as we are far from bullish territory.
Looks strong, keeping its upward momentum ....
It seems that ENG is in a downtrend channel, with support around 0.27 USD (CRITICAL support level)
If NEO doesn't manage to break out of this bearish pennant, then the odds are deathish ! 2x allready rejected to break out, although strong support at 6USD levels ...
Counting the checkmarks, more checks to the upside based on the wicks ...
Maybe time traveller was not lying after all !
While we are at the end of the wedge ... its possible one more move to the downside ... Althouf it should break normally up to the upside.
Checking the checkboxes, the green possibility seems the most likely ...