Hilltop Holdings Bank: Bearish Cypher w/Double PPO Confirmation

Hilltop Holdings has formed a W-shape, which I thought would complete an 0.886 and become a Bearish Shark, but it has since given 2-3 PPO Confirmation Circles around the 0.786 retrace instead. In addition, it has confirmed a lot of RSI Bearish Divergence within this zone; for that reason, I see a strong possibility that this ends up being a Bearish Cypher instead of a Bearish Shark and given that it is a bank, it will probably end up performing dramatically.


I will likely be looking into FAZ soon (The inverse ETF for the Financials sector) as it's sitting at the PCZ of a Bullish Gartley but just hasn't given any form of confirmation yet.