Up to ~ 4000 and down to 3500$

Morning guys,

Everything stands according the plan. Market shows respect to our ~4000$ strong resistance area, which includes two Fib levels and intraday 1.618 AB=CD target that we've talked last week.

Since we're watching for H&S pattern on daily, we need to get the last part - right arm. As market has formed bearish reversal swing here, first upside pullback should be, approximately 5/8 to ~4000$ and next we expect CD leg
down to ~3500$. That should be the moment where we need to make decision on long entry.