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The following updated 2 hour chart, IMCO is telling the story....

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    The following updated 2 hour chart, IMCO is telling the story. The way I see it is that the low at 38.5c is in, which was a Fib 78.5% correction to wave 1 up. From the low the next move up started and hit a road block at 42.5c for i. Following to that was another, but quite normal Fib 61.8% correction to that to 40c for ii, which I consider an appropriate level to turn once again to start the next leg up for iii!
    https://hotcopper.com.au/data/attachments/2946/2946211-9c054f96eb90521bc219255545ef8f37.jpg

 
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