Why Short? First, the price just got break through the 4H timeframe bullish trendline. Second, the price is already rejected the supply zone. Third, You can found a bearish CHoCH at the 5M timeframe and waiting to retest to the previous supply zone. Fourth, You can find a bearish RSI divergence the previous lower high These four reason is enough for me to...
Potentialy to form a correction. and then gonna sky rocket!
Why short? First, the uptrend on the higher timeframe (4h-1d) has showing a weakness by breaking a previous higher low. Second, the price now has reached the strong supply zone from a CHoCH (Change of Character) structure. Third, There is an imbalance of a candlestick at price 1785.07-1786.10 on 4H timeframe that must to be filled. Fourth, RSI on the high...