After the clean break of the TL -we could see a retest before continuing lower to put in a LL at the bottom of the channel -currently we can see 2 AB=CD patterns -We may move down on the level we're at now as we're at a key monthly level and .618 of smaller AB=CD. -but i think we are going to see a retest of the TL which is in confluence with the larger AB=CD pattern -The red zone invalidates my idea