We are getting close to 2016 May low. This will be the key support, which I think could be a good level to bounce off. That's only if the Weekly will stay above that. Now, I'm not saying that it's a total reversal, but it could do at least 23.6% retracement on a Fibonacci. Here patience will be gold. So be patient.
Keep an eye on the price action!
Keep an eye on the price action!