It is in a downward loop, which according to the failure of 50% Fibo of the previous wave, the ability to pull back to the specified area or 50% Fibo, which is in the red box area, the path to the bottom of the trading range can be continued.
Comment:
After not being able to break the red box approaching the bottom of the channel and the specified range.
Comment:
Break the support level, in case of upward correction to the red box, you can enter the continuation of the selling process with confirmation.
Comment:
After reaching the desired box area, now ready to break to the target area
