In my opinion the price should go down a little more and then star rising again.
This match with 38.2% fibo level, and will be the forth point of Elliot wave.
Besides that the graph is doing a nice bearish edge.
How ever is christmas time and the market tend to be a bit confusing in this days, so I will preparing the next year and buy only if the price touch 1438,00.
Harmonic PatternsTechnical IndicatorsTrend Analysis

Disclaimer