European equities - bullish

Another investment trust that has been in the news in the UK as the manager was holding way too many Wirecard shares. To me though it presents an interesting chart from a Elliott Wave perspective. Has wave 5 begun already? Or has wave 4 just finished the first leg of a deeper correction and ongoing correction? However, whichever way I look at it, it suggests to me that there may be either a C wave leg up or a wave 3 to follow soon. Bullish either way.