Don't forget that corrective structures are very complex and they can develops in various types of patterns, so i don't expect market goes completely in the way i anticipate, but maybe this is the best labeling based on price action we have right now.
This long term analysis is not a trade setup. It is just an analysis giving me most probable direction of market and I will trade this in the lower time frames in the anticipated direction, only when i see a reasonable trade with good R/R
now I'm waiting to see which way is it going to go? reversal to upside or continuation to downside.