well, it is still potential currently which means that there are two possibilities, either the divergence is working (time to go up) or the divergence will be broken (it means that the price still going down to form another divergence). TBH, it is still too early to conclude anything right now. However, what we can get from this is that the downtrend is getting weaker. so, why not putting EXCL as a watchlist for now and wait after we confirm wave 1-2 of Elliot wave first and if possible open a trade on wave 3 (if divergence is working).