Charting: ABC, easy as 1,2,3; 50% retraces and pivots

So apparently the world's ending

Which wouldn't be good

Or is it?

Chart says maybe not

In 2016-2018 there was a 3 pivot move: 1,2,3; with a 50% retrace (grey box, red line)

Since corona drop, there has been a 3 pivot move: A,B,C; with a 50% retrace (grey box, red line)

Shorters still confident?

GRI 2022