With a Cypher pattern
invalidated by point C racios, the expectation is the same, a movement downward at least to test the support trend line
(at red), and eventually, IF it break, a continuation of the downtrend with a few support zones along the way to break, and THEN, eventually the "conclusion" of this "Failed" pattern and a Long opportunity may arise around point D price zone.
Point B - 38.2% 61.8% XA
Point C - 127% 141% ext XA (exceeded)
Point D - 78% XC
TP1 38.2% CD
TP2 61.8% CD