if it doesn't it will double top. it could keep reseting but based on Market Maker Theory, its time they got some equity back and we could see another large drop. might not form a high A pattern and just go. all depends on what they want to do and how they use news. just hold the short and get in high.
could have some good upside. Only take the pull backs and only use risk enough to put the stop on the lowest low here if you want extra security and less risk. remember oil did this last week and than took off. pulled back down to the W on the V pattern day 2. Then it took off like a rocket throughout the week.