dynamic trend support line is going to collapse and ichimoku cloud shows the fact that we can take profit on sell position according to chart clues. if any question do not hesitate to ask
a short position before making reversed head &shoulder pattern
As we see in chart it is slightly possible to pass the first resistance level of fibo and a pull-back will be made on passed level to gain the best divergence support and keep on the trend to the target indicated on the chart. It is also obvious on DMI oscillator the DI+ has been created a cross with DI- in order to make a positive signal in buy order
As you see we can trust on dynamic support and also fibb 0.38 retracement level and also indicator MACD that is going to be in selling saturation area