Current prices are at the top of the downward channel which may be a build up for a short opportunity.
For confirmation; 1. declining MACD histogram; 2a. oversold RSI levels; 2b. declining RSI levels; and 3. bearish engulfing.
Trade details Stop loss: Immediate preceding high Partial profit: Short term profit in the region of the green lines (strong resistance and fibb levels) Full profit: nearing intimidate lows or at channel support line Expected duration: 2-3 weeks