DislikedSorry for the delayed reply, was finishing up at work.
Unfortunately I only chart 1hr Cable on P&F not the 4hr so i don't have a chart to post. This aside P&F doesn't really run on time frames per se. I got this target from a very quick calculation on the 4hr chart, with P&F you don't need a full chart to obtain a target.
Again, from the low of 1.5360 (the 5am to 9am bar 29th Dec) the next retracement is 16 boxes (or 160 pips). Working out a target on Point and Figure consists of multiplying the retracement (16 boxes) by the box size (10) by the...Ignored
All systems of divination, like music itself,work through patterns.