This is the first scenario. At 50% retrace of last wave... It has completed either a leading diagonal, which will correct 50-72% and continue down, or it has corrected and will continue up breaking the high. But you need to read my next scenario I will post. I will show you it. This is educational. I have people liking my posts days after the setups already happened, or there was a change in structure and that particular setup no longer applies...