CBA is expected to do an A,B,C correction.
It may have completed the A & B waves & may have started the C wave.
If it is going to be a deep correction then the current part of the correction may still be part of the A wave.
A deep correction could have the 3 larger waves made up of a 3, 3, 5 or a 5, 3, 5 wave pattern & will take a longer period of time to form.
A study of the waves as they form usually gives an indication of the type & length of the waves.
CBA TA update, page-991
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