There two ways this market could move from that setup.
1. Bounce off the Trendline and the Critical resistance/previous high to create a Higher high.
2. Breakout lower out the Trendline to the levels indicated.
ENTER at Reversal off our Resistance Level,Exit at the marked 50% FIB Retracement Level.
Wait for market to break out of our Resistance Level.
Enter off the retest and EXIT at the 168% Marked FIB Retracement Level.