200D MA and BMSB act as resistance. Shorting into such a big resistance with good R:R Is a good ideea. The EQ highs present a risk for a draw on liquidity but also the lows that remain untapped below the ranging that let to this pump.
Top of the range into 200DMA and BMSB. Risky trade since we have those EQ highs but the R:R is there and we are shorting into resistance. Also the ranging before the pump left untapped lows for liquidity.
