If we look at the graph as having completed three major waves, we can see that the first wave retraced down to .786.
The retracement of the newly completed wave shows that .214 lines up with the top of wave 1.
We may see retrace only to 1700
The retracement of the newly completed wave shows that .214 lines up with the top of wave 1.
We may see retrace only to 1700
