"Are we there yet, Mum?" came from the back seat. "Not quite", was the reply. One more turning if this map serves us well.
If this mooted wave 4 turns where we've pictured it on the chart, it will be a 38% retrace of the entire 3rd wave.
Then wave 5, the final turning, might take price to the upper tyne on the fork. Or beyond.
Wave 3 had enormous legs. Sometimes in specs the 5th outruns the third for length and speed.
We'll see.
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