I see one of these three outcomes. The pink diamond pattern indicates a future upward trend. However the pattern is not strong and so I think a retest of the 220 USD level could happen. I think the best way to catch this trade is to either short at the next opportunity while there is a strong sell off going on, so when it is like 1/3 of the way between the resistance and support levels and hold that sell till 220 USD. Other option is to wait and see if the market dips below the current major support level and then buy at weaker support level just below it. Possibility of catching a big upwards move.