Gosh dang it, Bulshar, at least wait until they're fully clothed before you interuptus their coitus! Bulshar arrives with a crew of goons dressed up in Medieval getups, hypnotizes the lovers, and takes them out to the middle of the forest.
Waverly and Haught hire out a traveling jeweler to try and pry Bulshar's ring from off Waverly's finger. It's not budging, and they get called away before the jeweler can make another attempt. Either way, he's way too intrigued by this ring to be innocent. Demon status.
When Wynonna wakes up, she's in Doc's saloon, alone, in some sort of time-loop. Every move she makes is a test, and she failed this one, and got an arrow through the chest. But don't worry, she's not dead: she just has to start over.
Waverly and Haught get called to Mercedes' house — currently the Contessa's crib — and find that... Mercedes is back! She's had some facial reconstruction done, and she's returned to pick up the money from her personal safe.
That demon jeweler from before — named Derek, of course and is also a Revenant of course— arrives at Mercedes' place to grab that ring. He wants to give it to Bulshar. But Waverly summons the power of the ring to take the demon down, surprising everyone, most of all herself.
Inside her dreamworld, Wynonna finds Doc buried alive under the floorboards — Edgar Allen Poe style. He tells her that he declined Bulshar's attempt to strike a deal with him: his immortality in exchange for Wynonna? No way. Wynonna is heartened to hear this, and breaks out of the house.
One of the stages of her Groundhog's Day adventure, Wynonna has a run-in with Bobo in the barn. She tries to kill him, she starts over. She tries again, and gets axed. There seems to be no way out of this.
Wynonna and Doc get up, and approach a door that has mysteriously appeared in the yard. Wynonna finds Bulshar guarding the door, and uses Peacemaker to make him disappear, clearing the way for their passage through.