Here is step by step guide;
· The first return from point A, which is the end point of the first wave, is 0.382 or 50% Fibonacci. Point B.
· Point C can be anywhere between points A and B.
To get the area D.
· Draw line 0.886.
· Calculate CD length to 1.27 * AB.
· Draw Fibonacci Line 1.618.
· In the bullish market, buy at Point D.
· In the bearish market, sell at Point D.