Hi from what I understand below a 61.8 retrace you are in...

Hi
from what I understand below a 61.8 retrace you are in freefall therefore 40c should be a stoploss
somewhat of a pity it rejected the retrace back up to the %50 retrace point at 45 this may mean it will range sideways for a while untill the slower Moving averages catch up..ie the Blue MA is the 18 period simple, check it out back tested on this chart.
hope this helps