Here are the possible entries -
a) Enter at next candle open becoz it closed below the recent low (Blue candle with long wick) from where bulls pulled the price up.
b) Wait for price to pull back to EMA21 55.65 & see if it falls again.
c) Sometime price crosses abv EMA21 to take stops & then falls. Enter on previous candle low
d) Monitor the volume on pullback & fall. It should rise with less vol & fall with more
There are possibly 4 SLs marked with 1,2,3 & 4. Depending on your risk/money management pls choose one. What is imp is that loss/risk must be fixed. Alter quantity as per SL.
Possible tgts are highlighted with black, red & green. Risk reward is very less for black but if you wait for the pull back it will give you at least 1:1. For red it is 1:2 and for Green it is 1:4