Cup and Handle Potential Trade

The weekly chart has developed a near text book cup and handle technical set up with the handle over the last 2 weeks receding to the 50% level, should this play out an entry at 70.5c will deliver 20% profit at 84.5c exit just below prior resistance, for the brave a secondary target exists at $1.285 should the pattern run to it's full extent representing an 80% move from entry