Day trading with trendline and Elliotwave

It is 4 hrs chart.
I have noticed price is respecting outer trend line, the fibbos fan the 61.8% is .9480
it is the strong resistance, So price will go down

look at the picture


Also look for EW nalysis, In 4hrs chart wave 5 completed and now on abc correction so the price will correct to 61.8% at .9480 or 78% .

as wave five completed we need to wait for new impulsive wave formation.

Now it is on correction.

Also look lt shoulder and head formation occured, so we need to wait for rt shoulder formation and breaking
at neck line.

Note,

Corrective wave always in channel.
Price also respect fibbos as support and resistance.