Fibonacci often reached 61.8%, next target may be $7495

• Used Fibonaaci retracements on major 2018 moves
  
• 1st retrace went above 0.618
  
• 2nd retrace to 0.5
  
• 3rd retrace went above 0.618
  
• 4th retrace went just above 0.618
  
• If the same applies, 5th retrace may go around $7495
  

Trade closed: target reached:

Target reached on Sept. 4th.