Break and retest of key trendline + horizontal level

Jul 30, 2020

simple stop loss above the last horizontal level.
The consolidation (circled in purple) should keep the price down. If it doesn't, then this trade is invalidated.

Jul 30, 2020

Note

Here is a look at the key trendline break from the higher timeframe:

Aug 5, 2020

Note

Update: it has created a big range now and did a fakeout to the upside, trapping the sellers.