If small players take it to 106 and not more, then we are in the 5th part of a type 5 Elliot wave.
If big players take it to 110 - 112, then we are in the 1st part of a type 5 Elliot wave.
What is a type 5 Elliot wave? I assume you are trying to say that it is the first subwave of the 5th Elliot wave of a larger order?
If so, then assuming the latter scenario, you're predicting that we go to about $130-ish, then go down to $100 again, and then back up again (when we start new wave)? That makes sense.