About meWave 2 must retrace less than 100% of wave 1 and it usually ends at 61.8—76.4 Fib retracement. It can’t be a triangle structure. Wave 3 should extend 1.618—2.618 Fib ext of wave 1. Wave 4 should end at 23.6—38.2 Fib retracement and not break 50 Fib ret.
Unfolding the Expanded flat (abc) of Wave 2 should end at least below extension 1.236 of wave (a) — $1.3232.
Wave 2 in Cycle iii could end at 1.2634—1.2459 area, before the end of 2018. After that we should see turning up to new Wave (3) in Cycle iii.