On this chart I see an impulse followed by a short correction.
I anticipate a downwards move towards the .
If there is consolidation on the similar to the corrective pattern we see now, then I expect a break of the and continuation downwards.
Also I have labelled an pattern with C being 1.618 times larger than A and wave B finishing at the 61.8% level of wave A.
This adds confluence to the count.
Moving average is approaching price action, and appears to be looking downside as well.
Any advice or feedback is appreciated.