Price has reached a long term downtrend at the same level where it tests the median line
of an active pitchfork
. The slope is valid and what we should do is watch closer for any sell setup completion based on our strategy. In a lower time frame we may see that we have a double top
formation at current level, another factor to think going short. In case price breaks above the downtrend and median line
, we look no more for shorts.