A very structured 5 waves down here after completing an ABC count that topped out at the blue line. The Fib lines have been on the money here for this 5 waves count, so I expect Wave 5 to complete at the 2 Fib. It is crucial that the price holds at the blue line then, losing this support would make this quite weak, meanwhile, if it can hold, it is in a good position to move higher and complete another ABC count.