There are some accounts that the Fibonacci is used to calculate these things to Return to Fibonacci and learn how to calculate I advise you to read this thread What is the Fibonacci 1. When wave 1 and 2 ended you cannot expect that 3 will reach at least 161% of Wave 1 and often be more and so when it is penetrated summit of wave 1 by the price you can draw Fibonacci Extension and determine the next target at 161 % of wave 1. 2. For the end of Wave 5 is determined after the end of wave 3 and entering to the wave 4 by drawing a Fibonacci Extension on the router 1 and taking the ratio of 261% of it, and in the case exceeded the price for this ratio we can draw a Fibonacci Extension on wave 1 and 3 together and taking the ratio 161% of those waves combined as a target for the end of wave 5 . 3. After the end of the waves 1, 2, 3, 4 and 5 , ABC waves begin as we know, those waves a and c are driving and b is corrective, so it can identified c goal by drawing a Fibonacci Extension on wave 1 and determine a ratio of 161% as the target for it.
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