If you want a challenge @W3hunter, give this wave count a crack! With a quick eye it looks like a long triple 3 corrective pattern, and it is looking like the correction is over and has left it wanting a 50% correction on the 65ema... I can fit this one into the system, even the MACD's are setting up with the weekly about to cross zero. What makes it interesting is the usual target for the larger 3rd wave is minimum 13c, which is the 3.618 extension for the smaller 3rd wave. It should have a good run supported by the 65 ema leading to a decent re-rate. The 61.8 resistance level for the 2nd wave is 6.7c, which is also the peak of the 8/9ema!
A few days down to the 50% fib followed by a week or two heading back up will put a nice peak in the 8ema at 6c. If you catch a bid at the 50% level it's looking at a 20:1 reward to risk ratio!
There really is a lot to like about this setup now, other than the fact it took over a year to develop!
