Im trying to catch an Eliott Impulse, we can se the first wave been completed (areas 1 and 2 of the Eliott Impulse), right now its going for the third point of the impulse, then it has to retrace to 0.618 level of the fibonacci where the fourth point of the Impulse will be completed ( areas 1 and 4 of the Eliott Impulse has to reach the same area). So now we are looking for a long short (4 to impulse 5), you measure the first wave and you multiply 1.618 to measure the third wave. Look left structure leaves clues, we can see even the areas where the third wave ends was a previous support