First things first; that looks like 5 waves down to me. A 62% projection of a retracement of this would get us to 1.3044. This is also where D1 sits and is close enough to D2 to perhaps manage a stretch up when we are there. Might also tag T4 on the way down, so keep an eye on that, I will. Interestingly, this would also be the 61.8% of wave 3 from the way up from 1.2041, which provides a bit more grit to the projection. More of note however, is the 127% & 162% extensions of the then 'A-B' which gets us down to D4 & D6 - them old chestnuts again! Looks harmonic but await the turn up.
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