Revelation 11:14

The second woe is past, and behold, the third woe comes quickly. This second woe pertains not to recapitulation but to the battle of the horses stirred by the trumpet of the sixth angel. For the eagle had predicted three woes from the voices of the three trumpets yet to come. But there, he did not say that the third would immediately follow, which pertains to the seventh angel and the end.

The second woe is past: behold the third woe cometh quickly. This is the end of the double recapitulation, but the second woe does not belong to this recapitulation. Indeed it had been said earlier, after the battle with the locusts was finished, that one woe was past and two were to come; then, when all that pertained to the second woe had been told (with the loosing of the four angels etc.) the second woe was not mentioned again. The reason for this is that there followed the recapitulation starting from Christ's coming, and he did not want us to think, if The second woe is past had been said there, that the third woe referred to the recapitulation. Therefore the second woe does not refer to this passage, but to the one above: the recapitulation that broke the order being finished, the second woe is mentioned with reference to where the order was broken. As for what the third woe is, it is disclosed when it is said after that: