next week, page-89

I only know enough about Fibonachi numbers to be a danger to myself but with a fall from 6000 to a trading range around the 5000 mark (ranging from 5200 to 4800) doesn't this set up a very likely Fib pattern whereby it is ranging between 38% (5200) and 61% (4800), around the 5000/50% mark, before breaking down to a 100% fall? That would put the target price at 4000 or, if a failure, a return to 0% of 6000?

It's a very neat setup. Almost too neat so I'm wondering if I've read the material wrong or wether it relies on some other sort of trigger.