My wave count, for what it's worth.
The lower end of my wave 4 area was hard to make out and, yes, there is a rule break where subwave 4 of C of (4) drops into subwave 2 territory. I note the other comments here re my wave (5) being a wave B, and that argument may be valid in that it was most impulsive. As I said earlier, we may never know. I think it fair comment though that we have now departed the price channel that we sat in for so long (although I suspect GJ will retest the top of that area soon).
Overall, we would seem to be heading up (in the medium/longer term) and whether this is now Wave A or Wave C, I think we agree on the direction. Top out for both theories would have GJ at the same point, being around 200. It's just that my wave count gets us there a little more slowly.
I think its great that we are having this discussion.
regards
The lower end of my wave 4 area was hard to make out and, yes, there is a rule break where subwave 4 of C of (4) drops into subwave 2 territory. I note the other comments here re my wave (5) being a wave B, and that argument may be valid in that it was most impulsive. As I said earlier, we may never know. I think it fair comment though that we have now departed the price channel that we sat in for so long (although I suspect GJ will retest the top of that area soon).
Overall, we would seem to be heading up (in the medium/longer term) and whether this is now Wave A or Wave C, I think we agree on the direction. Top out for both theories would have GJ at the same point, being around 200. It's just that my wave count gets us there a little more slowly.
I think its great that we are having this discussion.
regards