On the 4 hr chart, it shows being overbought and the 1 hr shows it being overbought again so that is confirmation that we will go short on this trade once an entry has been found.
Currently I placed a mini black resistance line below the daily resistance so when price breaks this, you can simply execute a sell stop order and ride out the market to your preference.
There are three profit targets which I have placed. Once it hits profit target 1, I am confident that it will hit the other 2. First profit target is a 4 R/R
Thank you guys and have a great weekend.