If you lose your shirt in a crowd, it's likely that someone else will be wearing it shortly after. Daily 50 Period & 100 Period Moving Averages are nearby.
I think typically, MA's and Lines on a chart are only useful if they are respected. This Shiff has been monitored closely during recent price action, and thus far, has proven useful with respect to...
Until now the SHORT entry was good for a scalp. Let see if bears are strong enough to break the recent horizontal support with target to BLUE median line.
The entry is a speculative entry => it's needed a good RISK Management.