Having mapped the motive (5-wave, green) + corrective (3-wave, red) structures through-out the correction, they seem to be painting an Elliott Wave 'Double-Three' structure (possibly a triple-three but that would take a while longer to confirm). This is comprised of a corrective wave 'W' followed by an inverted corrective 'X' and finally a non-inverted 'Y'. I came...
1, Wave 4 inferred from acceleration channel floor penetration (X).
2, W4 completion price inferred from confluence of all of the following:
* Base channel upper support
* Deceleration channel centre
* Acceleration shadow channel centre
* Wave 3 38.2% price retracement
3, Wave 5 inferred form estimated W4 end + 100% wave 1