So price spiked up and took out stops from previous trade. NY session has provided us with a break of structure from the short term bullish trend and now price seems to be continuing bearish. Will look for more sells as price progresses downwards and breaks supports.
Price has broken its bullish structure on the 1hr and also violated a strong support area. Short on break of support or wait for retest before shorting to next support area.
Wait for breakout of zone, trade the retest
wait for break of structure, trade the retest