KAZ

This looks like it could break out of the 123 Low formation.
Right on resistance now at 2.63

uk.advfn.com/p.php?pid=chartscreenshotsh...pZmI%3D&symbol=L^KAZ

I like to be different and awkward

Seems to be significant resistance in 260-263 level, it will be tough to break through this resistance.

yes sorry guys,
just my numbering is confusing. I was trying to adopt remo's system (see learn to trade section for diagram of 123 low) where the high of the move is assigned 1. Then subsequent low of move 2, but I was then using 3 as target label. Target is same though ~ 284 ')
lets hope it gets there

ps I blame everything on remo

my way of writing the 123 is different from others...but it still means the same thing

Count you have your 123 low wrong way round
1 is 225
2 is 263 and
3 is 241

there also a horizontal line of resistance (or a HS neckline) in play

A close above 263 and we should be looking at 20-25 points move north!