SELL!

We can clearly see that on the 4h time frame price has formed an ascending channel structure, which lines up with the Elliot wave theory. Currently looks like price has completed the E wave in the form of an ending diagonal corrective structure(rising wedge in an uptrend which acts as a reversal pattern.).On the 1h timeframe the relative strength index and the MACD were showing signs of regular bearish divergence, thus providing me with multiple confluence factors, which strongly enables me to consider taking this trade. Ill be waiting for price action confirmation, such as strong bearish candlestick close past the corrective structure.