Scenario 1 4hr ABCD pattern is formed at has tested the 1.272 level. RSI is generally in uptrend. I expect another retest of this the yellow box before making a bullish move. Price action is painting a bearish candlestick.
Daily. There is a Bat pattern in formation. Currently price is on the CD leg. I expext price will retrace from within this 618 ABCD pattern before resuming down to the trend line. From there it will break and continue down.
Scenario 2 Price continues its bearish move straight through the trend line and onto the D point of the bat pattern.