![](https://s3.tradingview.com/l/LQ6zY0UN_mid.png)
Reasons:
- Trend-line is broken down
- 3 Buddha top formation at the top (points: B,C & D)
- Level 100% of fibonacci extension is reached (visible in daily, points: 1,2 & 3)
A better entrance is given by break of support line in 3 Buddha formation
*This is only how we interpret the market
Happy New Year Everyone