ew approach is quite challenging...learnin to wait for a pattern confirmation instead predicting the move.
Usually wave 3 must be more than 100% of wave 1. Its normally steeper, sharper and faster of all waves with formation of gaps in between. I've seen wave 3 extended anywhere between 100%-461%.
Its really difficult at times to estimate top, instead TSL or profit booking is a best strategy in wave 3.
Hope this helps...