Downside continuation due daily reversal session

Morning guys,

As you know, on weekly/daily charts market stands at the area which is friendly for starting major retracement. And 9050-9400 range is the one where this, at least theoretically should happen.
Retracement should start by well-recognizable reversal pattern, which we do not see yet. As this is longer-term scenario, price could flirt around the top and spend some time here.

In shorter-term, on Friday we mentioned reversal session on daily chart, which finished upside rally to our XOP target. As a rule, reversal sessions have continuation, in a shape of AB=CD action of different depth.

As upside retracement is done - now, on 1H chart we have clear "222" Sell pattern, which could become a background for this action.

Thus, if you trade on intraday charts and think about fast short trande, you could consider this scenario.