(small red letters) and correction is starting showing divergence on .
so cose its the first wave retrace needs to be more steeper and thats why i choose .
(no it cant be cose point "a" needs to retrace at least to the peak of wave 3 and that retrace makes it long enough not to be )
but depends of what kind of will form and will it be beginning of a cycle or just another sideways correction.
need others thoughts in comment section...
explained in next chart!!