How to know if the correction is complete
1. Observe the correction structure to see if it is complete in form, for example ABC, whether it is still at B or has moved to C.
2. Pay attention to the duration. Example:
Start of small wave 1; 74508: April 9, 2025
Peak of small wave 1 complete: 111,980
May 23, 2025
So the duration of small wave 1: approximately 1.5 months (44 days)
Corrective wave 2 average = 15–22 days because it is just a retracement. Usually 1/3 - 1/2 of the duration of the previous wave. So wave two is completed between:
June 8, 2025 (minimum 15 days)
June 15, 2025 (average 22 days)
Or if it extends, it can take longer if slow.
3. Observe the price to see if it is close to or touching the general retracement area for that wave (depending on context, for example corrective two; minimum 38.2%~50%)
4. Pay attention to the internal structure on the 15-minute time frame, to see if an upward impulse appears. And not corrective patterns anymore; triangle, zigzag, etc.
There is a very clear difference.
Corrective patterns still have many red candles dominating and are not impulses. The completion of the correction pattern is an impulse, also seen on the 5-minute time frame, where the rise is dominated by strong and many green candles, with almost no deep retracements, just internal consolidation and increasingly impulsive rises.
Hope this helps.