Looking at the weekly chart, I see a clear downtrend that emerged after a wide formation. After a deep fall, price moved back to value where it formed a . The impulse is still green, which means there might be potential upside. A blue impulse would raise my confidence in this trade.
The shows a formation with a false breakout, a sort of candle formation, a divergence on the histogram and red impulse. I personally do not like double tops or bottoms where the second leg is slowly grinding higher or lower (I believe it's called an Adam and Eve in this case, not sure though), hence the wider stop.
Look for a break below 80.