Peaks during a downtrend can be utilized to enter into a short position, short now and buy back at 1800.
A lot of people are buying now thinking it's cheap, well it's not.
A lot of people are buying now thinking it's cheap, well it's not.
Comment:
Still testing the resistance, most likely the price will fail to break out and go down again but you should consider exiting your short position if the price go up further.