Price as discussed in weekly time frame ( related ideas) rejecting from the trend line, as said after confirming the rejection we can go for short trades.
AS seen in the pic price is forming a parallel channel pattern at the weekly trend line which is the rejection levels, wait for the channel break and enter the short trade.
If channel breaks up then the above...
Price once again reaches the channel top and there is high chance for rejection from this level. Only thing is wait for the reversal signal and go for the short trade, do not enter without confirming the rejection.
