Minimum condition for a correctional pattern (c = 0.618xA) is NOT met. So C isnt finished yet, or may not even have started, means the last low is only b of B, while you all now long into c of B resulting in to be forced closing positions once C really starts. Take it just as alternative idea. In fact C is NOT at least 0.618 x A yet!
Zozoet
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@ThommyTomka, There are multiple ways to identify a C in retracement. Yes, you're correct sometimes one of them is 0.618 x A. However, another one is retracement to previous 4 (not met) or a 0.681 retracement from the previous 0 to top. In this case the retracement from 0 to top is very close to 0.618.