At this moment, price already break the possible neckline and major lower red trendline. Favourably, I believed market in progress to complete subwave iii either in yellow or white before expecting for any bullish retracement trend to perform subwave iv. A further breakout to the magenta critical line would bolster the major bearish continuation trend scenario to complete major wave 5. But, please be careful for any strong bullish retracement trend and any breakout to the white/yellow critical line. Good luck.