KAVA - Correcting the starting diagonal

In the weekly timeframe we have a classic starting diagonal that was completed last August.

We are now correcting the whole uptrend from March 2020, in a zig-zag.

Normally we would have a 100% extension from waves A-B, which would take us all the way down to the $2 region (yellow rectangle).

Of course, the 100% extension is not a requirement for a zig-zag, but only a break of $6.20 would make me consider the correction is over.