has formed a beautiful channel which offers a short trade at current level as it has touched the upper boundary and traded above it but closed below and the red candle have confirmed it. So One can short it at the current level with SL of recent High. It offers a good Risk to Reward Ratio.
Risk/Reward Ratio 2.70
However it works as a trap for small trader and SL triggers one can reverse the position to buy for the target mentioned in the chart.
Disclaimer : All ideas are my personnel view. Please take financial consultancy for trading decision.