After last weeks selling our low target has still not been hit. Seeing the ABC pattern forming, then selling at Thurs Highs to close the week at the low of the pattern (red X) we anticapate the low to be taken before price reaches back those highs.
Where price is now any move can play. The 2 red labels are marked as sell zones if we see price taking out Mondays Highs before selling to the downside.