VNINDEX – Ready for C Phase ? (Elliot - Expanded Flat)VNINDEXHOSE_DLY:VNINDEXhoanglinh91(This content is analytical in nature and not financial advice) Based on the long-term chart observation, the market is currently in a corrective phase following the Expanded Flat pattern, consisting of three waves: A-B-C. - Wave A has completed with a 3-wave structure, representing the first decline after the long-term peak. - Wave B has now exceeded the peak of wave A – a typical characteristic of the Expanded Flat pattern, where wave B usually retraces between 105% to over 120% of wave A's length. - Wave C is projected to form next, likely as a strong 5-wave impulsive decline, which may extend over the medium term, potentially driving prices down to deeper support zones (700 – 600 – or lower)