its a short term trade . take it as your own risk
Lets see these spikes formed with a reason
momentum isso strong that higher high is made yet could not retest the trendline.
finally some structure for counter trendline
selling the retest of trendline or counter trendline that breaks and making head and shoulder pattern
As u can see , there is alot of room to sell if buy isnt invalid . so im planning to sell short term if buy doesnt happen . look at the red arrow , its shouldnt touch the counter trendline trendline if i wants to sell . but remember . buy is what i really want i see .
waiting for structure to draw counter trendline
just adding elliot waves for the fun
u can dm e if u have any questions . just is too simple to provide explanation . overall bearish but pullback to the upside is possible