If we can accept at 50% level of Fibonacci a Head and Shoulder pattern figured, there will be very strong evidence that we are in downward trend totally. Such analysis needs further observations indeed.

For example bullish movement and touch stimulates neck line and respects it as a strong resistance, it will be a good clue to emphasize our theory. For completing this theory, the price should pass two supports shown in the figure and continue its way toward 1142 to test again that solid support level.