Argenx's 15min chart triggered Bollinger Bands expansion, bearish Marubozu formation

The 15-minute chart for Argenx has exhibited a notable trend reversal, characterized by the expansion of Bollinger Bands downward. The appearance of a bearish Marubozu candlestick pattern on October 31, 2023 at 13:15 serves as a strong indicator that the market is currently being driven by a dominant seller sentiment. This suggests that bears are in control of the market, and as a result, there is a high likelihood that the bearish momentum will continue to prevail.