Theory craft
Updated
Projecting out a 1:1 extension from what I think is the 1st wave lines up quite nicely with the 50% fib level. Again, we'll see. Just thought it was in interesting coincidence.
Note
I was expecting a little more of a kick up for a 4. Lets see how it settles around the 0.5.Note
Assuming it doesn’t fall further that was crazy.
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