Reversion to the mean Range trade

Setup: HolpReversal range trade
Trade rating: 4/5
Reward: risk: 2:1
Market conditions: Low Liquidity

This seems extended to the upside and the trend is to the downside therefore this looks like a great place to go short. if it did break the above support then I would say the trend may be shifting to the upside. I am waiting for a close below the previous candles low.

let me know your thoughts in the comments :)

Order cancelled:

never reached our entry parameters