![](https://s3.tradingview.com/n/N4ZLWyvw_mid.png)
Weekly View on the chart.
We have a confluence area based on trendlines that we might see price come down to by 1st week of Feb.
This coincides with the completion of a 5 wave pattern at the 23.6% on the daily indicated by the FIB shown.
After that, I'm expecting price to break through this range and reach for higher levels.