$1.195 would close the gap, which I identified as an Exhaustion...

$1.195 would close the gap, which I identified as an Exhaustion Gap on the way down. $1.195 also played a roll in the previous accumulation at the start of wave (5) up, which currently would probably represent some resistance. Further resistance levels are the historical $1.24 and $1.285. That’s the trouble with having retraced to 87.5c, everything that was blocking the way up before can possibly raise its ugly head again.
However LTR has overcome these resistances before so it should be possible to do it again. Maybe it needs some more coffee to do it with more energy while nearing production!