BCH looking for a new bearish move?

As you can see, the fork indicating last 1 move is broken and the current valid one is a schiff fork which is used to estimate possible S/R levels on the corrective move, the move seems to have extended so as i could say we need a complete ABC before a new bearsh move could go, i might be wrong and the price follows the long term previous trend-line that is drawn in white, but i expect it to go as high as 0.5 fib level and drop to schiff warning line
if the price goes beyong upper warning line, the analysis is wrong.