Scalp Shorting opportunity in NG (Risk Appetite High)

• Price: $3.2725 is retesting previous swing high resistance zone (highlighted box).
• Candles: Strong impulsive green candles led price into resistance.
• Volume: Spike during the breakout push, now slowing showing possible exhaustion.
• CCI (20): Was above +100 (overbought) and now rolling down with a negative crossover which is the first sign of bearish momentum shift.

Scalp Short Setup (1:1 RR)
• Entry Trigger: At resistance rejection ($3.2725 area).
• Stop-Loss (SL): Above recent high / resistance box at around $3.2970.
• Target (TP): Equal risk size at around $3.2480 (support + VWAP alignment).


Risk Factors:
• Larger trend is still bullish (based on earlier MA + oscillator analysis).
• This scalp works only if rejection holds. A breakout above $3.2970 invalidates short and could turn into strong continuation long.

This scalp is valid as a short-term contrarian play, but you need to be nimble and exit quickly if momentum shifts.