Echf is looking very corrective in nature. I looked at multiple things on different time frames and that zone has a lot of resistance within it. We had a smaller scale diagonal ending at the 1.618 extension which is typical for a wave 3, so if Echf breaks that top trend line, that would complete a diagonal of a larger degree. The point would be to catch a sell entry, which could have the possibility of going down to break the last low it made. That blue ma is the 800. See 200MA on daily and ichimoku cloud on monthly to see what I mean about resistance within zone.