We took an entry off this support the other day, although still in a down trend we are optimistic of this retrace turning into a mid term reversal.
I can see a short term supply zone here between the 50-618 retracement from that last drop so imo thats going to be the area of interest to break, if we get indication that we cant push through we will drop our order and look for the next leg down for another entry, if it breaks through creating a higher high then this short term down trend could be coming to an end and we can continue to the upside in a much larger overall uptrend.