We are in the daily time frame. You see the R1 line which the price has hit several times and fallen. If the price is able to break the R1 line, it can move up to the shown area. It is also possible for the price to make a pullback to the S1 zone and then go up. However, if the S1 zone is broken, it might make a pullback and then fall more. You need to wait until the resistance line is broken and then enter the trade.
Warning: This is just a suggestion and we do not guarantee profits. We advise you to analyze the chart before opening any positions.