We can see a bearish Gartley pattern being formed as a signal for the market becoming bearish.Futher confirmations come from the RSI as the market shows that it has been overbought and waiting for a retracement.Price action shows uncertainty in the market as bears come in to fight bulls and impose a doji.
Bullish trend on the daily chart showed great dominance of the bulls, As bulls candles rose on the 30m and RSI indicated oversold , ride uptrend guided by Fibonacci levels and heiken Ashi chart
As we saw the RSI being overbought it indicates potential reversal,Due to a bearish engulfing candle open a short position following fibonacci retracement levels.
