We have a very clear signal for down movement. Price bounced from the resistance level
with confirmation from RSI
is below 20 and confirms range market conditions. DMI
allows open short trades. Entry level can be below 4756, it's the low of the signal candle. Stop should be placed above the resistance level
4838 and profit target is near the possible reversal zone. You can also open short trades based on the daily chart
with the same stop and profit target levels.