Reason for trade idea:
1. Very strong reversal level
2. Price ranging
If the trade doesnt work out at this level then Ill look for short at the weekly level. If that breaks then Ill be looking at longs.
Reason for bearish view:
Preceding uptrend on the hourly
Strong level at 4440 with many reversals.
Price has broken this level and pulled back to test.
I missed the trade but my bias is now bullish.