I am expecting one more down move and completion of entire corrective structure and C move all the way down to fibb clusters before continuatin to the up side. This is based on my strategy and knowledge I have gather which doesent mean I am correct tho.. Watch for Price Action..
Wait for price to tag 78.6% fib retracement and enter long position. Stop loss is very tight but reweard is more then 1:4 .. Or there is other trade approach, wait for a break out from correction which is conservative trade strategy with wider stop loss and smaller reward..
2 hour chart we can see RSI showing strong divergence which indicates trend reversal. If price breaks current resistance trend line I will look for short entry if price continues to the upside it will complete Weakly Bat Pattern and reverse to down side.