Hi Nonic have you seen this setup before?
Im a big fan of staying close to the raw price data eg: wave structure,trendlines vol, and % retracements etc
(while treating derivatives of the data, RSI`s etc as a secondary view) no offence to you intended.!!
I belive there are 2 trends in play here, hence 1st and second targets.
please feel free to disregaurd this post in full.