DAILY TF - A strong move to the downside observed haven broken the support line that held for months' 4HR TF - PRICE ACTION has tested the support line this time and broke it, I waited for the impulse correction to be able to fade the breakout,and now it has currently resumed the downtrend.
I just put in a Sell order, I will stay with it till another major impulse correction;then I'd adjust my Stop loss to risk free and take in some of my profits Make sure to follow your entry strategy if you are to take this trade.