Confluence of 3 arguments :
- MA 100 Act like Resistance
-Bearish Hidden Divergence
-Bearish FLAG
even if there are arguments in favor Short condition , there are others in favor the Bull like US inflation falls to 8.5% and many others , and entering now in short position is gambling so the Best moment is to wait for a good confirmation , like the price break the flag pattern.
in 90% of cases I'm waiting for confirmation to enter a trade, but in some cases I like to take risks and that's the case now and I assume the consequences so please I don't recommend you to enter now.
STAY SAFE , ALWAYS MANAGE YOUR RISK , AND TRADE WITH responsibility .
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