Bullish divergences gives credence of a bounce back to the equilibrium line in green. Price can consolidate then rise or drop then rise to paint an heads and shoulders pattern.
Price currently lost bottom support of the weekly ichimoku cloud.
Price currently lost bottom support of the weekly ichimoku cloud.
Note
Path down to 8270, more probable because it is bottom support of the 1D ichimoku cloud 
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.