Since the last high (green flag), we see that the price tried to form new highs, but was stopped by the bears (lightnings). On top of all that, we see that we are eventually marching onto a breakdown, as a triangle is forming.
I will wait for a small candle to form, before I enter a position. I believe we should see one latest by tomorrow.
SL will be little higher than the last green candle, as usual, and TP for now is the blue support line. probably a bit below, so in case of a breakdown, I can still adjust or delete the TP and only trail my stop. Lets see how it all works out.
For more conservative traders, I strongly recommend to wait for a nice bearish candle, bouncing back from the resistance.
Trade what you see, not what you think