CXO chart is definitely a treat for wave counters. And it has...

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    CXO chart is definitely a treat for wave counters.
    And it has good wheels.

    Wave 1 down to W2 was a 4.1c retrace.
    W2 to W3 was 12.7c range - more than 300% of W2 range.

    W4 had a range of 8.6c and just one 160% Fibonacci leg up (1.618 x 8.6 = 13.9c) puts price at 20c as a W5 target for starters.

    It's a medium term hold (until after the football finals).

    CXOwkly.GIF
 
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