Looks like a Bearish Bat forming on the 240 min. There is a .50 fib in the initial retracement and a 1.618 extension confluence from the A to B leg of the move into the the .886. Going short 121.57. I'm putting my stop at 122.05 just above the former high. I have two targets one at .382 fib and .618 of the low to my entry.