4 or 5 time price failed to break above 78.6% retracement of the most recent bearish impulse move.
Price has created LL but same highs
inside of a bearish channel this being the top
bearish candle patterns at this top on multiple high time frames i.e. - hanging man and inverted hammer
Target 1 is 61.8 of the bullish move target 2 would be the bottom of the channel, target 3 127.2 extension