I agree on chart 2, it was an uptrend and I should not have sold unless I was absolutely sure this was a top. Therefore I waited... several bars formed around what was a resistance line the day before so that supported my hypothesis. Than I saw three (!) spikes on high volume ending below the line, for me that was triple confirmation... on what basis would you place a short entry? Any suggestions are very welcome, it doesn't matter if you're not a lifetime trader or relatively new to this "game", so am I.