If price hits the 786 fib then that would increase confirmation that this is the start of an elliott wave sequence
Comment:
I've just realized I can't edit these charts, so wave 5 is a bit off in the fact that does not allow for enough time (should be more to the right than it actually is) but the target is still the same.
Comment:
This still looks to be on track although it bounced off the 618 fib rather than the 786.