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Hello There, There are you can see in my chart two possible scenarios, bullish and bearish off course!
Scenario No1: The bullish one, price is in a downtrend still and for any long we should wait for a solid breakout above the main downtrend line (be careful for possible fake out) but as It breaks out there will be a nice long setup opportunity in the direction of a new uptrend .
Scenario No: The bearish one, currently price is at the dynamic and static resistance and it might be rejected that it will gives us a short setup in the direction of the main downtrend line .
In my opinion first scenario is likely to happen because at the daily yesterday candle made a bullish engulf that has shaped a nice morning star pattern which might indicates the ending of the downward movement.
And by the way the bullish scenario is more interesting as it has a lot more space for growing profits as it will be the beginning of a new trend.

Thanks for your attention and good luck with your trades. and please hit the like button if you liked my idea and feel free to share your opinion about these scenarios and comment it right down below!