Sorry I was holding off until I got a break down of Red B done. So what I see is a purple ABC of B. I think Purple C will land at the .618 instead of a 1:1 because the targets for the end of purple C align better with Red B than what a 1:1 would. Refer to the purple arrows. I also would note on the Bollinger Band we just crossed the green 20 MA on the 1hr indicating some movement up could still occur to complete out purple C up and macro red B. Also take note of the black line across the screen. I've recently been watching this one. It is the 128 MA. Apparently this can be a good indicator for large moves up and down. Since we are still below it and it coincidently is sitting around the top of Red B I think we're right on target for a crushing Red C. It will be biblical. <-Pun totally, completely, 100% intended.