This looks perfect entry on bounce up before it dip further. The way I see it is still a downtrend. I will Sell when opportunity arises for Short term Sell. This is just for my own analysis. Let me know what you think and welcome any comment.
With all the FIBO & trendline in place. I recon it to glide down. This is just my tutorial to hype that my Sell is legit. Don't take my analysis for real. Feel free to comment if my chart is similar to yours or against my tide.