Under the elliott wave technique the odds for the actual down side movement target seems to be greater for the 0.93 than 0.95 due the convergence of fibonacci levels.
As you can see here the 3rd was the extended wave into this impulse and if we plot the 38.2% level of division for this impulse the objective for the total impulse coincide almost exactly with this level.
We will need to keep on checking how the 5th wave pattern develop to keep this projection or modify it.
As you can see here the 3rd was the extended wave into this impulse and if we plot the 38.2% level of division for this impulse the objective for the total impulse coincide almost exactly with this level.
We will need to keep on checking how the 5th wave pattern develop to keep this projection or modify it.