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.
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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