If 12345 is a real impulse (doubtful since 5th wave looks like fifth failure)
Assuming A (circle) is the first corrective segment so there are 2 more is coming.
B (circle) is about to finish. (this B segment looks more like corrective since the retracement is much less than 38.2%)
Since A (circle) took so long time C (circle) is expected to consume time more or less similar to B (circle)
To solidify this idea we need to see the price action terminate B (bracket) which is around 8828
Assuming A (circle) is the first corrective segment so there are 2 more is coming.
B (circle) is about to finish. (this B segment looks more like corrective since the retracement is much less than 38.2%)
Since A (circle) took so long time C (circle) is expected to consume time more or less similar to B (circle)
To solidify this idea we need to see the price action terminate B (bracket) which is around 8828
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.