$FMG another wave down expected

With iron ore sales plummeting and not looking rosy on the China front, time and price wise is looking bad for FMG

10 down down, 5 days up to 1.375 retracement.
expecting fmg to reach 13 by end of October (tentatively 22nd) . 13 is also the top resistance back in Jan 2020. Old top (resistance) becomes new bottom (support)

I have been shorting FMG since mid September and wish i had done it earlier.

Comments welcome