"6 month low followed by the 12 month high" yes that could be very good!..I`m seeing a 3 point triangulation with this bottom cycle.. it starts with a double bottom in the last 6 months or so (end of a large wave c ) followed by a 12 month high,(wave 1) followed by the 50% retrace above a fresh Golden cross...from there on its in power mode..3rd of a 3rd perhaps.."wave 3" is just synonymous for "breakout", whether its an accurate W3 or not doesn't really matter to me.
