Price is at Important Supply zone. Notice how price reversed down each time it came into this area. Also note the inverted hammer that has formed, suggesting a move to the downside. Profit is 5x bigger than risk.
@elijajwisdomchima, I am seeing that price is in a distribution range/phase following the March 2020 uptrend. Price started making equal highs in this range and is actually at an area of key supply that have pushed price down in the past. Currently, an inverted hammer has formed in this same key area of supply, suggesting a possible reversal of the up-push that brought price into the supply zone. A sell position is logical in this setup.