Price bounced at the 138.2 Fibonacci level yesterday but remains in the downtrend channel indicated by the 2 trend lines (orange).
The consolidation could last for a while as the market closes for New Years Eve.
Price indeed did manage to break the bottom and Fibonacci support levels and made a bullish retracement yesterday.
Price is building a contracting triangle (purple lines). A bullish break would seek the Fibonacci targets of wave Y.
Price indeed made a bearish retracement yesterday for a wave Y (red) of wave 4 (magenta).
Price probably made a wave a (blue) yesterday of a larger ABC zigzag that comprises a bigger wave Y (purple).