Based on the chart, a major support level is broken and a pull back happened on the area,
Based the weakness on buyers during the previous hours which leads a bearish trend, selling at peaks would be a good trading setup with a good ratio of risk/reward.
Note: As always please take risk management rules into consideration before opening any position on the market.
Good luck!
Based the weakness on buyers during the previous hours which leads a bearish trend, selling at peaks would be a good trading setup with a good ratio of risk/reward.
Note: As always please take risk management rules into consideration before opening any position on the market.
Good luck!