@faizanghouri, this is a daily chart. I did the analysis based on the daily timeframe. If you go on the 4 hour chart, you will notice that its a bearish candlestick. However, you also have to keep checking for a couple more hours the 1 hour chart and the 30 minute time frame chart to make sure. You need more confirmation. Wait just a bit, we have to make sure that the downtrend starts. Be carful of not getting in to early because of the margin on your account.