Might be too late to enter look for retest of important level/trend line was too patient and wanted to get a sniped entry didn't end up happening. Keep small stop loss.
Small risk high reward trade looking for breakout could very well go past first take profit level. Look at marked key areas. Candlestick pattern and momentum key before entering.
as I finished typing this got absolutely smashed through trend line. Thats why we wait for momentum to slow down and look for candlestick patterns as opposed to just setting a pending...
Needs third touch to complete three touch cycle on downward trend line. Lower lows and lower highs, can break out of trend and continue downward past first take profit level. Look for candlestick confirmations and key levels marked out.