Red levels are h4 .
There are two possible trades here, if PA suggests when the price trades up to the red level that there are loads of sellers I would short.
Otherwise if the red level breaks (which I think it might) that level is essentially useless to me as it was previously support.
However I will use the red level as a profit target if price trades up to the top yellow line (in that case I'd short).
The trade I would most like to take is going long if price gets to the bottom yellow line, again red line would be a good profit target