A perfect Elliott´s wave appears with the next Fibonacci retracements:
Wave 2: retrecment 50% of wave 1 that indicates a deeply-hight rate price. It means that the wave 3 will be higher than the normal.
Wave 3: More than 200% of Fibonacci´s extension, taking a wave 1 as a reference.
wave 4: retracement 60% of a wave 3, shows the features of wave 4 and...
