Price violated previous support (bearish structure break) but moved back above it. Now price has been moving sideways and is potentially forming bearish Gartley pattern.
D point is at support/resistance level that has been tested several times earlier (red arrows). This gives some extra certainty to sell at this level.
D point is at support/resistance level that has been tested several times earlier (red arrows). This gives some extra certainty to sell at this level.
