Hi TANOTFA, really excited someone has been closely following my...

Hi TANOTFA, really excited someone has been closely following my posts on this! Yes it hit that alternate target perfectly, thanks for pointing out, it saved me a follow up post to update. I'm also impressed with your very neat chart.

I've spent more effort as a student of price than time, so I don't always get timing right and have needed to adjust this one. You've got some really interesting symmetry going there though with that 87.5% time extension matching an 87.5% price retracement. I just learnt something, I'll have to look into this further.

You've also raised an interesting point about >5% fall below high has 80% prob of not coming back, if I'm interpreting that right. I haven't considered that sort of rule before.

Very interesting. Thanks.