This set-up is not as clear as e.g. BTC where the B-level dipped below the 0-level, creating a clear inverse head & shoulder. Here the B-level on its own created the inverse head & shoulder, even with a break of structure now.
We can expect the price to pullback to the shoulderlevel, either in one straight line, or in an ABC correction, pushing down to the neckline, pushing back up to the local high to finally push down to the shoulderlevel.
Today price tried to push higher but failed and got rejected towards the neckline.
Still take into account that those swing lows haven't been swept yet. It doesn't have to be necessarily straight away, can be taken out later.
