daily is an uptrend, and we created a little wedge. Also on the daily there is a bullish flag and we are at the bottom of the consoliodation. We have an inverted head and shoulders pattern on 4hr and we have a cup and handle pattern. ALL 5 OF THESE PATTERS ARE BULLISH PATTERNS. WHY GO SHORT? GO LONG!!!
created a wedge so if it breaks out downside then we are trading in the lower trend channel (sell and catch over 100 pips until it hits the lower trend line) if breaks out upside then trade inbetween each support and resistance lines. For e.g buy and take profit at each resistance lines.