Short to 1200 trade explanation and thought process

So talking about the previous trade, i am looking for the price to break below the 60 MA as it keeps retesting it, the target take profit is located at the 200ema a common pivot point for prices when it reaches there. Since i believe a bounce is possible i will be taking all profit or most profit at the 200ema and then reassess the trade from there. The volume profile also tells me that is unlikely that the price is sustainable as there was a huge spike in buyers and ever since it has been tapering off. The other reason i took the trade is because it is above the 1200 psychological level and these even numbers often tend to be tested as support and resistance multiple times and when broken large moves generally follow. This is because many people place their orders here for simplicity, 1200 looks nicer than 1201, 1199 etc.