The hourly uptrend looks like it just ended. Price found rejection at the 4hr resistance level and started falling. To look for shorts, we'll wait for the steady signs of the downtrend. A lower high would be a sort of confirmation to look for shorts. We do not need to rush in as the uptrend could still continue if there are no short confirmations.
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.