The image you shared shows a bearish market structure:
Here’s what’s happening in the chart:
🔻 Bearish Trend Confirmation
The candles are forming a series of lower highs and lower lows, a classic bearish structure.
A bear icon is placed on a descending trendline, emphasizing continued selling pressure.
The overall direction is downward, indicating momentum is with the bears.
📉 Pattern Insight
The shape drawn above the chart resembles a double top or rounded top, both reversal patterns that typically signal a move downward—which aligns with the ongoing selloff shown in the candlesticks.
