This is maybe a short term trade. put the stop loss on previous high and change it to the new 3 if 2 is broken. as always on your own risk
The day Chart has a down trend so i try to go short on Position 3 and look on 15min Chart for an entrance
Maybe try a short Position on next Point 3. If the retrace is coming we look in 1H or 15 min for a trend change.
For further Infos i will thank you