I see that your chart is missing EMA's. When the price breaks over or under the important ema's: 20,50,200 (You can add the 10 too if you want) and finds support on top of it, it means that the market is shifting of direction.
Only once it finds support on top of those ema's you can enter for a reversal. This way, you increase your change of success by a ton.
Just my 2 piece of advice.
This position could just as well be a reversal or a continuation further below at the moment. It is still early to tell.
Again, I'm happy for you and wish you all the best!