Using the Heiken Ashi candles, we can see a clear sign of trend reversal. Supported by the rejection from the downward trendline and the RSI recently moving out of the oversold region. Short trade opened.
The market has used this level since 1996 as a key support and resistance level. I would expect this to happen again backed up by bouncing off the 200-period EMA and returning from being overbought on the RSI. Very promising chance of a trend reversal. Looking for short positions.