Going to take a swing at EJ
after we have cleared the yellow rectangular support zone
and the confluent 0.5 fib level, thus it shall become a good resistance, decreasing our chances of our stop loss being triggered. Targeting the green rectangle
first (immediate support) then my second target shall be the added range, confluent with a support level
Again, price has been consolidating the past three weeks prior to the resumption of heavy selling.