If this plays out as a 5-wave down, we could see the 176.4%-200% fib extensions. I anticipated an ABC, but it is possible we see a 5-wave move down. I then see a healthy move up to the $1250-$1750 range.
Note
Either we're breaking down out of this sym triangle and headed for $630 or this is an overthrown wave e aka a "fakeout"
Note
I think $500 is a safe bet. Note
Lowering my bottom target to $400 Trade closed: target reached
We need to break back above this bottom support line before I confidently call this a bottom, but it's looking good folks. Closed my shorts here. 
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The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.