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Fibonacci analysis
(2) is probably at the low at 0.786 fib, although by Elliot rules it could go to 1.0 .
I did not put (2) on the previous wave, as that would force wave 4 to move into wave 1 region which is against Elliot rules.
Look for wave 3 to form a five wave Elliot pattern as it goes up.
I did not put (2) on the previous wave, as that would force wave 4 to move into wave 1 region which is against Elliot rules.
Look for wave 3 to form a five wave Elliot pattern as it goes up.
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