Start of C?

A short term change in direction maybe at hand, very low risk to reward.

This view is at the failure point. Price is at the bottom sliding parallel of the fork and has for the moment found support. Looking to long back into 11850 on a retest of current lows.

With some very basic fibonacci timing marks from various points of the pitchfork points we are close to a time for change.

Just an amateur bearish thought.

bear

(this is the first time to try and post a chart, so we will see if this works)