We may have just finished the 4th wave in the larger III. Are we working on V for completion of the (III)?
If so:
1) it's looking like we can get a target, using 100% the length of the I, of $2.29.
2) As well as, using the 161.8 extension of a measured move of (1) to (2, which gets use roughly $2.50.
Note: How you count (what is here, and imo) Wave (III) will change your perspective as there are multiple counts that work with this Wave (III).