To sell, first of all we need to make sure the price has made a downtrend structure which is H-L-LH-LL. Next, make sure the price does not exceed the LH level which shows that the price still has the strength to go lower. Next we can enter with a risk reward ratio of at least 1:1. the price has broken the trendline, however, the price has not yet been able to rise above the LH, so we still consider the price to go down further.