Most likely scenario since we already have wave 1 and 2 and also wave 1 of 3 and 2 of 3 (sort of invalidated/rarified the 423% target. 161.8% is also not too probable now but definitely a considerable scenario.
current most likely scenario:
we are in wave 4 which retraced 61.8% of wave 3 (to around 9200). and now we are forming the C wave of a flat triangle.
C wave of triangle = 61.8% of A and (E wave = 61.8% of C, D = 61.8% of B).
Enjoy the ranging, cheers!
5th wave was an ending diagonal.
5th of 5th wave was an ending diagonal.
5th of 5th of 5th wave was an ending diagonal.
all of these waves broke their respective channels to make a swift move up with high volume.