Waves 1 to 5 complete, targets hit for each one. Potentially finished the corrective waves. A typical target area for an Elliott wave correction is 50% of the preceding impulsive move. This is a common rule of thumb for what to expect in a correction. i have marked up the 50% line from wave 5 you can see it in the red line where we are currently holding. this is just my thought i'am not a professional