If price hits the 786 fib then that would increase confirmation that this is the start of an elliott wave sequence
Note
I've just realized I can't edit these charts, so wave 5 is a bit off in the fact that does not allow for enough time (should be more to the right than it actually is) but the target is still the same.
Note
This still looks to be on track although it bounced off the 618 fib rather than the 786.
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