After failing to hold the 61.8% extension of Wave A from B, Wave C looks towards the next target, which is 100% extension of Wave A from B. This is a Fibonacci cluster zone where it is also the 50% retracement of the 5 Wave move of the larger degree. Do not enter this trade prematurely as it may well go all the way down to the 161.8% extension, wait for confirmation (breaking Wave 4 of C )
