It has entered into the PRZ of a Bearish Harmonic Butterfly suggesting a pullback/reversal in daily time frame till 340/335. View would negate above 370
Harmonic Butterfly Patterns usually indicate pullbacks of the larger trend (in this case the same being up) not major reversals. Such patterns are usually associated with breakout patterns and respective pullbacks.
As per Ichimoku Multi Time Frame Analysis it has given a bullish breakout in hourly time frame and a close above 321 would confirm so in daily time frame also. As long as it sustains above 316 it could continue the uptrend till 350
