Sell volume still going high in 4hr chart, where buy volume is low. The sell velume has to settle down for the reversal to be able to take place.
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Price seems to have stabilized at predicted 5,275 zone. The EMA-lines are grouping which indicates price finding a right range or reversal - tho I don't see reversal, just a right pricerange found.
In case price goes up we could be testing 5,50-5,60 areas. If the downside continues (unlikely unless bad news spread out) wewill continue the path marked by the fan and the fibo resistance levels.
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Reversal confirmed, daily rsi oversold => waiting for recoil.
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