On daily chart as we can see we completed 5 wave quite clear count so next expected wave is correction.
Current wave pattern quite hard to recognize, and now it break counter trend line , But I don't think new up trend start yet, there are 3 reason
1 market is so bearish
2 price doesn't like started wave c
3 price doesn't go below wave 4
If that break is start of new up trend price NEED to BREAK 16.5 to confirm ext wave
Else if that is fake out wave b bull trap price can break 12.5 and drop to 10
Current wave pattern quite hard to recognize, and now it break counter trend line , But I don't think new up trend start yet, there are 3 reason
1 market is so bearish
2 price doesn't like started wave c
3 price doesn't go below wave 4
If that break is start of new up trend price NEED to BREAK 16.5 to confirm ext wave
Else if that is fake out wave b bull trap price can break 12.5 and drop to 10