G'Day
@tiko,
It depends on the "angle of the dangle", so-to-speak, but below is one scenario that seems to align roughly with history...
IF it progresses as shown, the "target" is somewhere in the $12-$12.50 range, I estimate.
If it takes a bit longer to get to that upper bound, then a bit higher than that!
However, this is all just based on my interpretation of the chart, and the estimated channel, and assumes that we head up to that upper bound from around this level.... but of course anything is possible.
Hope that kinda answers your question, or at least provides some indication of what may lie ahead. Time will tell!
GLTALTH!
