seems to be carving out a 3/3/5 flat correction
. It seems we are in leg C of (B). The triangle in wave B gives away that this is only going to be a three wave affair downwards, which means the correction will most probably finish with a 5 up around 380/410 area and end up being a 3/3/5 flat.
Of course it can also turn out to be a 3/3/3 correction too...