Long trade to 1300 level worked and as expected we saw a pull back from 1300 area back to 1284. Price closed weekly below the 61.8% fib level and formed an inverted hammer with a long upper wick, could be a sign of reversal. Price is still above the broken yellow uptrend line. Next uptrend only confirmed by close above the 1300. If you did not short at 1300 area, there is potential to wait for a test of upper levels and selling again. Alternatively wait for a break of the 1300 level for a long. Look for patterns on smaller time frames.