in monthly time frame it nicely rejected major trendline..and now its on the way short by forming h&s in day timeframe...usually h&s,evening and morning star...even hammer-hangingman-shooting star-inverted hammer in the middle of the trend is trap pattern..but here we see clear short...so ready for short upto again major support of 1680...but it will not break that support as it form pennant in weekly timeframe...so be ready...only upto 1720-1680...