Hi there, The previous model was broken when the price breached the downtrend. The price moved beyond the start of the wave W and it could hit higher level to reach 1.272 of wave W at the 1.1977 mark. After that we could see a strong downside move. It is possible to see a double zigzag as it was highlighted on the chart. Would it be an Expanded Flat or a Running Flat it is uncertain yet. That is why I added 3 possible target levels to the chart (dashed horizontal lines) contoured with white rectangle.