Here is the updated wave count... it was a 5th wave extension... so the retracement happened not only to 0.618 but to the 4th wave levels too... So all set for wave 3
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As the 5th wave was extended and retraced 100 % it had to be the completion of a C wave in a ABC correction... So here is the bigger picture... with the next wave up with a revised target of 28. Hope this is a learning ... Learning that we can only provide additional updates and not able to change the initial view...
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Looking closely the B wave is a triple three... which means that the next impuse move is going to be 261.8 of the previous impulse move... So the target is updated to 41