Many signs point to an change of trend at a key level, we can keep an eye out on EG in order to find an entry point for a possible 100-300+ move.
4 Strong Confluences on Daily Chart:
+ Bearish Bat on Timeframe
+ Channel break down
+ Strong rejection from 88 fib level
+ RSI bearish divergence
= Possible swing trade
Optimal entry, as close as possible to previous high, such as the 88 or 618 Fib from the new relative high to new low on 4h chart.
4 Strong Confluences on Daily Chart:
+ Bearish Bat on Timeframe
+ Channel break down
+ Strong rejection from 88 fib level
+ RSI bearish divergence
= Possible swing trade
Optimal entry, as close as possible to previous high, such as the 88 or 618 Fib from the new relative high to new low on 4h chart.