break the channel and continue the down trend?

expect small rallies and/or consolidations before place short again

Commento:

If break the big channel in Daily Chart, huge downside potential

Commento:

alternative wave count in yellow shows some bullish potential for a 'c' wave

Commento:

If the overall structure follows 12345 sequence we may see a turning point very soon

Commento:

Some weakness in 15 mins chart

Commento:

it seems like an impulsive down followed by a 3-wave correction in 5 min chart

Commento:

Bearish Scenario on Daily Chart www.tradingview.com/chart/7CVY4Cno/
Breaking the short term uptrend channel on 1 Hour