Although still in a downtrend (Below 200 EMA I classify as downtrend), a counter-trend move to test the 200 EMA is believe to be imminent.
Usually after divergences on a downtrend, there is a move up to the 200 EMA (a test).
Sometimes it will blow pass the 200 EMA (gap above it), sometimes it will get cold rejected.
With that in mind target 200 EMA.
Not super confident on this set up, thus the tight stop.
It may consolidate for a while or just fade.
looking for a spike that forms the double top.
If fail I will wait for a short set up to fill the gap.