27.9 -2009
This could be major bearish setup to drop down. One another market geometry pattern called crab makes hand shake with ending impulse (as larger degree it supports ABC where C is ending with this impulse wave). Another testimony should be the fact that with 15 min chart this fifth wave looks to appear as ending diagonal (=bear wedge). Additionally this is also daily chart 76.8% retracement and weekly chart 61.8% retracment – so it should have some combination & support packet to drop it down.
