Hi all ,
i have an initial target of $4.67 for the monthly elliot wave 1 which is a 100% target for the gann swing 50% rule . Also i expect the next monthly low to come in early december so normally you will see the high form in the first third of the cycle . I nailed the recent low utilising time extensions as shown with the blue vertical lines. The horizontals are support/resistance levels . Wave 1 is normally longer in time and price than the preceeding wave c so once it has reached above the level of wave b it has done its job.
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