cautious sell

CJ has shown a clear series of LL & LHs. Your trend line seems as if it will line up 61 Fib, daily support area which will now may become resistance, and a 3rd bounce of the trend line, giving you 3 confluences for your strike zone. Be patient for daily confirmation. CJ seems AS IF it has broken out of a monthly support area, but, last weeks weekly price action has now driven price back above that monthly support. Last weeks Bullish candle can smash your trend line, then, we can see a break, retest, and continuation of the trend line for further bullish movement.