Wolfe Waves and Fibonacci

Was trying out an experiment. While this is just the first case I was able to document, the results sure seem interesting.

Wolfe Waves - Fib Entry-Projection

Observations:

Notice the confluence of the Fib zones, which indicate the entry point.

A rectangle was drawn from the bottom TL to where the price pierced the TL 1,4. The same was then copied down from the TL, showing where price would reach.