Much like the other guys, I haven't been posting as there hasn't been much to do other than wait!
I did call the '2' wave too early, but I don't think I need to fall back on the "anything can happen" excuse just yet!!! Wave 1 and 2 set up the pattern so there's not much to go on in terms of targets until those points have been determined, Wave one has overshot the 3.71 I was tentatively expecting, but that's not a bad thing - the target for wave 3 is a multiple of wave 1, so a bigger wave 1 will hopefully mean an even bigger wave 3.
As it stands, I'm still waiting for a retrace to around 3.41 and if that turns out to be correct then I'll be looking at an initial wave 3 target of around 4.25 (or 4.77 if it breaks through 4.25). but it's
very early days, so it's wait and see at the moment and firm-up the targets if the pattern is confirmed the data points come in.
If it convincingly blasts through 3.80 on the current run up, then I will definitely be using the "anything can happen excuse"
