I have been studying some intra-day strategies lately. Based on the chart above, 258 was my outlined . The price needed to close above it but it did not. We also see candles and the decrease in as the price consolidates here in the 257/258USD region, hence why I believe we are due for a reversal. The market needs a breather and I have the yellow line highlighted as its new , 250.26 USD. I just entered a Put position which expires 12 days away from now.
Best of luck traders.
I am Balanar the night stalker, I stalk these charts day and night!