In a previous post we mentioned about a key zone we should keep an eye for a sell signal. We can now see that price has formed a bearish gartley which i believe will be the reason for a big sell off.
The pattern has worked great till now pushing price to the support level of the correction. I believe price will breakout and price collapse. The best option for those who are in this trade is to place stoploss to breakeven and wait for that breakout.
Breakout has happened. We have to wait for a correction and then sell the market.