We have had our impulse leg x to a form. Waiting on the B to c leg, the reason for this is where price currently is, it has acted as previous support which could turn resistance.
We have had a Bearish cypher complete on the 60 min time frame whcih is in Purple, currently looking for the 382 and 618 targets from that pattern, if the trend continues this could see us down at point C which has previously seen us bounce upwards