Do you use Tradingview? If not, I strongly recommend it, and it's free. What the image shows is this: From the left-hand menu, click on the icon shaped like a pitch fork. This brings up a menu of icons, part of which @solisrex shows. Select Trend-Based Fib Extension. Once selected, click once at a local bottom, so the bottom of wave 1. Click a second time at the top of Wave 1, and finally, click a third time at the bottom of wave 2. This lets you predict potential levels for wave 3. This is often at the 1.618 extension, in line with the circled wave iii in the image above. It can also be 2.618, 3.618, etc. This is an easy way to pick out some reasonable price targets. Hope that's more helpful...
Do you use Tradingview? If not, I strongly recommend it, and it's free. What the image shows is this: From the left-hand menu, click on the icon shaped like a pitch fork. This brings up a menu of icons, part of which @solisrex shows. Select Trend-Based Fib Extension. Once selected, click once at a local bottom, so the bottom of wave 1. Click a second time at the top of Wave 1, and finally, click a third time at the bottom of wave 2. This lets you predict potential levels for wave 3. This is often at the 1.618 extension, in line with the circled wave iii in the image above. It can also be 2.618, 3.618, etc. This is an easy way to pick out some reasonable price targets. Hope that's more helpful...
How's that?