This is factom. It breaks it's trendline and enters convergence phase.
Once it makes head and shoulder pattern, I think there's a short position opportunity.
But I think first one is too risky to get a short because lower points are keep going up.
So, if it breaks its neckline, just keep watch until it retests it's resistance down .
Then enters short position.
Gosu traders! Would you help me to figure out which point is safer to enter?
Thanks in advance.