Elliot’s wave 3 reaches often 2.618 x wave 1 (as in this scenario).
Elliot’s wave 4 is often a triangle, so it seems we started Elliot’s wave 5 with possible range to 0.12 USD (1.61 x wave 4 or 4.236 x wave 1).
(Alternatively, we started wave 3 - but it does not change the rest of analysis)
Elliot’s wave 4 is often a triangle, so it seems we started Elliot’s wave 5 with possible range to 0.12 USD (1.61 x wave 4 or 4.236 x wave 1).
(Alternatively, we started wave 3 - but it does not change the rest of analysis)