Quick and simple. Why it always has to be complicated?
As u can see in graph we are far far away from SMA 200 / 50 / or even 20. As Long we wont see a cross here, downtrend will continue.
We broke out of bearish channel nearly 2 weeks ago. The neckline is very likely to be our next Resistance area. There is the point to go short. Just follow the trend and move SL with the graph.
Happy trading!
!! Mention: This is my personal opinion, no trading advice. Its your money, your trade, your risk and your responsibility. Feel free to contact me private for further details or just chatting. Regards