23.6% retr of wave3 which did a perfect 1.618 extention of wave1 projected from wave2. wave2 also retraced 78.6%. Meaning the 23.6% retracement here for wave4 is slightly more likely due to the law of alternation
Looking for Wave4 to do a 23.6% retracement of Wave3. Leeway being allowed up until the 26.5% retracement until this becomes invalidated.