Wolfe Waves and Fibonacci Relationship

I'm trying to find out the relation between Wolfe Waves and Fibonacci. More importantly, looking for a qualification of the Wolfe Waves, by means of Fibonacci.

In search for this, i've narrowed down to a couple of forex pairs, which seem to have some sort of relationship with the Fib levels of 0.38, 0.5 and 0.618

Analysis #1: AUDJPY


In this first pair, we have the weekly charts for AUDJPY. As can be seen from this chart, when plotting Fib lines connecting pivots 1 & 2 we have point 4 respecting 0.618% Fib Level.

Observations:

• Point 4 respects 0.618% Fib level for Wave 1 - 2
• Point 5 almost goes back to 0% Fib level for Wave 1 - 2

Questions:

• Where will the Wolfe Wave end up?
• The first obvious target could be 0.382%, followed by the 100% level which is 55.771

Analysis #2: AUDUSD

In the case of AUDUSD, we again see that 0.5% Fib Level of Wave points 1 - 2 was respected. In other words, Wave 4 touched the 0.5% Fib before shooting off. 


So what can we deduce from the above two observations?

1) Is it possible to correctly identify Wave 4, and this ride the wave through Wave 5?
2) How do the Fib levels play out in reference to the Wolfe Wave?

I suppose, the answers to these questions will perhaps lie in the coming months. In the mean time, i'll continue looking for chart set ups perhaps on lower time frames to get a better idea.