I can see a dominant break of a big bearish candle by three bullish candle.
Draw a fibonacci from the shadow to the body of the bullish candle that engulfed the big bearish candle.
As it reached the 261.8 % fib level, waiting for 121.8% fib level for a perfect sell oportunities.
Reasons for sell:
1. Fib level 261.8% at supply area
2. Support becomes resistance at that area.
3. Fresh supply zone to test.
Draw a fibonacci from the shadow to the body of the bullish candle that engulfed the big bearish candle.
As it reached the 261.8 % fib level, waiting for 121.8% fib level for a perfect sell oportunities.
Reasons for sell:
1. Fib level 261.8% at supply area
2. Support becomes resistance at that area.
3. Fresh supply zone to test.