- if you measure 0-1 (first wave) it will give you 31963782551
- multiply 31963782551 times 2.618
- (31963782551 x 2.618 = 83681182718.518)
- 4-5 measures 83681182718.518 (third wave)
You can see it was completed right around top and began bearish impulse.
- I used same Fibonacci measure from last analysis so you can see how all corrections are at -0.27, -0.618 and -1.618.
- Even used MACD to show how Elliott Impulse was respected