Market coming back to previous resistance with an AB = CD completion at resistance with Fibonacci confluence, providing a good sell opportunity with a good risk to reward.
Potential bat pattern completion on the 4 hour chart right near previous structure resistance for a with trend entry.
Looking at the higher timeframe which is currently bearish, this would be a good entry reason.
Potential Cypher on the 4 hour chart, look for a D completion at the .786 at the 1.29037, for a long opportunity right at the lows of the market which should provide a good level of support for the market, if price action reaches this level.