On the chart price is clearly in the supply zone suggesting sellers may have the opportunity to go short . The theory is that in this set up, supply zones represent shorting opportunities. This has to do with the unfilled orders by big money being revisited. This set up is easily spotted on charts when you know how to identify them. Big money is represented by the banks, institutional money. And like I say their presence is easy to spot but that does not mean every set up like this is successful. Study your charts and do what you think is best. Control your risk.