One good characteristic about this is the exhaustion candles (defined by the large wicks) that haven't reached the heights of the previous top (identified by the falling trend-line). A second touch of a that is lower than the first is a market truth than indicates a downtrend and offers a higher probability set-up.
The weekly and monthly trend is down which means this trend reversal set-up is flowing with the overall strength of the market.
Those who trade solely from confirming price action at significant zones on can risk approximately 2.5% of their portfolio of a set up of this caliber and RR targets.
Happy trading :)