Top of the weekly bearish channel. short on high time frames is recomended.
its better to wait for the price to come up to the 4h bearish channel for a better Risk/Reward.
weekly: top of the channel
daily: sellers look strong in two last candles!
4 hour: rectangle pattern is formed.
what will happen?
if the rectangle breaks and a good pullback occurs, sell positions may be available.
if bullish engulfing forms, buy! and the target will be top of the rectangle.
