An update to a previous idea > 
It appears the the 5th wave is now completed after coming close to the .382 level of wave 3 before pushing down to just below the .382 extension. It also ties in with this idea that Y wave is completed >
There are 5 waves down with nice Fibonacci relationships >
1.618 of wave 1 for wave 3 termination, 1:1 of wave 3 for wave 5 termination
Zoomed in those waves you can see the ending diagonal for wave 5 of 5 >
I'll let the current waves develop and attempt to plot some waves once things settle down but on 5min timeframe there is already some nice Fibonacci relationships >
It appears the the 5th wave is now completed after coming close to the .382 level of wave 3 before pushing down to just below the .382 extension. It also ties in with this idea that Y wave is completed >
There are 5 waves down with nice Fibonacci relationships >
Zoomed in those waves you can see the ending diagonal for wave 5 of 5 >
I'll let the current waves develop and attempt to plot some waves once things settle down but on 5min timeframe there is already some nice Fibonacci relationships >
Note
Please ignore this idea as I didn't complete it before posting, check this chart > 
Note
So tired...not the above chart, this one :) 
Disclaimer
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.
Disclaimer
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.