Down Trend. Price close to the upper band of the rergession line. Bearish engulfing pattern. And almost overbought with a downwards slope. I shorted 1/3 of the maximum position size. I will build my position gradually on this one.
In the 15 min if the price break the swing low it is highly likely that it will continue (classic price reverse pattern) if it makes a higher high i will look for bearish evidence and then i will add to my position