I think that achieving your target it do will have an important retracement, but around 50% of this last impulse we are in now. It has completed the correction and we are now in Wave 1, the retracement from your target will take us to Wave 2 of the new cycle, and then Wave 3 will break the resistance.
@JMilk, I´m counting ABC correction, did you see weekly chart? I know there are some strong levels to still be achieved to think so, but weekly suggest in a very convincing way a long trend reversal with a bullish doji candlestick and in their way to confirm it with this week candle.
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