I try to keep as simple as possible, don`t highlight every area to avoid confusion, please do not hesitate to share your opinion in the comments if you have different point of view.
I am anticipating to see a retracement into weekly range which mentioned with Fib levels from last week high and last week low during first 2-3 days of the week and then sell off to last week low, if it breaks last week low anticipating the price will aim to reach monthly key level, if it doesn't break most likely will consolidate between last week low and new...
If there would be a bullish move, this is what I anticipate to see during the week, if bearish move continues price will break latest lowest low first and then bottom black line instead of reversing on Tuesday.
Black levels are the ones for Bearish move if keeps expanding lower.
Blue level is the one for retracement from the current low value.
3rd option will be a consolidation around the current price.
I am neutral now since the price reached to major low.
