They are all valid 123's, so which one is the right one for drawing the fibo.
As you say, while the structure unfolds (live in real time) it is not easy. We should keep an open mind and keep updating our fibo when new price points appear. It becomes a bit of an 'art form' which neither I nor my maths based indicators have mastered yet.
First the ideal setup
1-2-3-break (all four steps visible)
NOW draw fibo from 1-2 and look for retrace to 50%
If a good reaction to 50% (no candles close below it)
then I have high confidence in reaching 210% and 380% targets
Observe reaction to first target
If price action breaks through easily (complete candles on the other side)
then it makes sense to hold on for second target
Second the non-ideal setup
1-2 (only two steps visible)
now draw fibo from 1-2 and look for retrace to 50%
(same sequence as above)
Use a ZigZag or fractals indicator (or 123PatternsV6) if you need help spotting the price points.
Hope that helps.
Robdee