1 - - Wave 5 and A, B are now complete. We're moving to wave C
2 - - Market made a new High low on the 4H chart
3 - 123 strategy - Typically, when you aim to take profit from the breakout at 2 through to 3, it should be equivalent to the same distance recorded between 1-2. Notice that I have highlighted 1-2 and 2-3 are almost identical in distance. Which indicates we have completed step 3 Now we reverse upwards
4 - - Market failed to go below support 105.28 again.