Another very improtant pattern is playing out. Bearish Gartley.

A very important pattern is playing out called the Bearish Gartley. Elliot waves have a way of creating long tread patterns. Do not focus on the exact points, but see the patterns that are going to be played out with the respected fib levels.

“Humans are pattern-seeking story-telling animals, and we are quite adept at telling stories about patterns, whether they exist or not.”
― Michael Shermer