[spoiler] I agree. I’m not sure this all belongs in a spoiler, since it’s just my guessing, but just in case…
Assume the timing we have is correct, that this gigantic battle with the Night King forces happens at Winterfell in Episode 3. All of Danny’s forces (the Dothraki, the Unsullied, her two dragons) are apparently in place there by the first episode. Whatever forces Jon can muster, the North Lords and their men and the Wildlings, are on site. (Though way, way diminished in numbers because of the already massive slaughter at the Battle of the Bastards.)
Now the battle starts … and what happens? Lots and lots of the living will inevitably die. If Jon and the Bran/Sam braintrust figured it out, they should basically have the regular soldiers trying to chop up overwhelming numbers of the wights with obsidian spears and arrows.
Meanwhile they try various methods to kill the White Walkers, since we’re assuming (Have we actually seen this?) that each time you kill a White Walker you take out all the wights he personally reanimated, and we’ve only seen six or seven WWs at a time, so killing seven generals is a more comprehensible goal than hacking up many tens of thousands of wights. (Which, face it, would inevitably get boring if there was nothing else to see for an entire hour!)
So mostly who can get to and go up against a WW? The big strong guys with Valerian swords, obviously.
Clearly it will be Danny on Drogon dueling vs. the Night King on the dead dragon. Will the second dragon just be backing them up, riderless? My guess is not. That’s all that could happen without a rider on Dragon B (forgot the other names) but they’ve clearly hinted that the dragons found Jon --what, intriguing? Acceptable? so maybe Jon will be the rider. But I think it will be Tyrion based on past hints. It was Tyrion who was able to safely unchain the dragons when they were already pissed off from being chained in the dungeons, even though it was the very first time either had seen the other AND they didn’t have Mommy D. on hand to smooth the encounter. It was a meeting of minds between Tyrion and Dragons B and C all by themselves. (So the “You’re no son of mine” from Tywin is likely literally true – I guess WikiBran will have to reveal it – and Tyrion is the Mad King’s bastard giving him dragon-whispering powers.)
Plus it was Tyrion who invented a saddle so Bran could ride his horse. He will come up with some saddle-ish thing to enable him to stay atop the dragon despite his short arms/legs.
An added advantage is that that leaves Jon free to do what he does best, swing a sword, command and inspire the forces on the ground. He shouldn’t suddenly be a master of 3D air fighting tactics.
So Danny will be taking on the Night King with Tyrion on the other dragon as weak-backup-but-better-than-nothing. Jon is heading a group of their best fighters (likely mostly the same gang as went to get the wight) who are trying to cut their way through to WW generals. Maybe Gendry can figure out how to incorporate obsidian into a new hammer.
And, yes, Ghost should be at his side, providing significant assistance. (Those Chekov’s Wolves HAVE to have some real import at long last.)
Arya and the Cat’s Paw dagger must come into it, too, though Jon will rightfully keep her out of his assault group – her skills aren’t suited to bulling your way through a battle. She and Sansa and Bran and so forth will be left inside Winterfell.
Lots of heroics, lots of death ensue, but in the end I think Jon and co. will manage to do significant damage, like kill four or five of the WW generals. Arya will take out one who will manage to get inside Winterfell, letting her get in range for a one-on-one desperation last ditch thingy.
I also think Tyrion and his dragon will account for one of the generals. He’ll see an opening and peel off from the Danny/Night King duel to strafe a WW.
A huge percentage of the wights do drop dead(er) but the Night King and his dragon
survive when Danny/Drogon is injured and forced to retreat from their fight. And before the Good Guys can even draw a breath, the Night King simply does that Raise His Hands things and bingo, all the dead Good Guys become his new army.
Yes, the Good Guys know they should burn the bodies or whatever, but there wasn’t time enough to do this before the Night King worked his magic.
This army is smaller, of course, since he’d had centuries to acquire the current one AND the help of the other WWs in raising/controlling them all, but the Good Guys are significantly reduced, too.
The Night King no longer has an army that can simply roll over the entirety of Westeros easily – he will have to fight his way south, building his forces as they destroy Holds and town on the way, but the remaining Good Guys have to flee, er, strategically retreat for now. Danny/Drogon need to heal from whatever injuries took them out, all the remaining fighters need to rest/heal/recover/rearm. They did their best, they came close to winning, but in the end they weren’t able to kill the Night King and so it was a loss.
That’s the end of Ep. 3. Then the focus (I hope!) will turn from the big battle scenes I know a lot of people find cool to the political/personal stuff I prefer. The northerners retreating south will run into Cersei’s forces, enhanced with the Golden Company she sent Euron for. Another battle, or at least skirmishing, until Jon manages to convince them that it’s vital to join together to finally defeat the Night King. Or maybe he convinces Cersei of it. Or maybe Jaime or Arya kill Cersei.
However exactly it comes out, I think the Night King will finally be killed in King’s Landing, and involve a whole bunch more of wildfire explosions, leading to the ruins/ashes Danny saw in that vision way back.
That’ll be episode 5, I guess, with Episode Six being denouement, when we learn who survived and who will inherit the throne and so on and so forth.
Anyway, that’s my current guess. 
[/spoiler]