from latest swing low its retraced 61.8% and further it retraced to 161.8% and still it has potential to touch 261.8% . according elliot
its 5th wave is still remain so it could possible up move otherwise cos it has formed double top
so maybe it can go to lower channel to test channel or . its also showing flag pattern
on current situation. it has higher probabilities of spiking bull move.