Here we see at least 3 factors pointing to a potential reversal:
- Fibonacci cluster zone
- Trend line Support zone
- Short term Demand zone
Further, we see that the 2017 uptrend is still intact with consistent higher high's and higher lows, and a potential AB = CD pattern forming if price proves to reverse to the upside, with a projected take profit at the 100% fib projection/AB=CD completion zone.
- Fibonacci cluster zone
- Trend line Support zone
- Short term Demand zone
Further, we see that the 2017 uptrend is still intact with consistent higher high's and higher lows, and a potential AB = CD pattern forming if price proves to reverse to the upside, with a projected take profit at the 100% fib projection/AB=CD completion zone.