In time D1, after an upward rally to the $8 area, it is currently completing the correction of wave C or 3. This wave should continue at least up to 100% Fibo of the $4 range or the PRZ1 zone. If the upward correction touches the 5.72 range, this analysis will be invalid.
Comment:
According to the downward movement path, it is moving and completing wave 5 of cycle A.
