1.272 fib ext is a minimum profit tgt. 1.618 is minimum ideal for wave 3 measurement and lines up with prior consolidation area which should act as resistance. Also possible for 2.618 fib ext for wave 3 depending on price action at first resistance.
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.