On the weekly time frame the A-B move have retraced to the 61.8% fibonnaci level and formed a pin bar on the daily timeframe.
Momentum is still currently bearish so i would be avoid buying until a higher high is formed on the daily time frame or a bullish candle stick forms at the previous support of the 61.8% fibonacci level.
Momentum is still currently bearish so i would be avoid buying until a higher high is formed on the daily time frame or a bullish candle stick forms at the previous support of the 61.8% fibonacci level.