If you don’t have a clear trading strategy, short selling is risky and it’s difficult to take a sell setup like the one that we have today.
However, we frequently come across very similar chart setups like this one, and all of them should be traded pretty much in the same way.
We only need to decide where to set the stop loss and the target, but even this activity is rather simple.
In fact, we can use the Levels and Zones indicator and the previous price action.
In this case, we use both.
Moreover, by using also the Bottoms Tops Signal in combination with the RSI Exhaustion, we are able to clearly see and trade safely this Sell setup.