WXY complex correction before downside. Last leg up for Y wave, then down or Z leg up again, expecting last move to be diagonal as in previous c waves.
Should break top(blue line) and reverse at least till trend-line, then break or bounce back up.
After WXY correction expecting C wave down, after today's news event entry at 50-61.8(blue line) w stop above(orange line). Target 61.8-100 ext from A wave.
Safer entry is on break of channel and correction.