It can continue down, though for the entry wait for the 15 minutes confirmation. let it try to break the low and if it shows reversal around it. good chance it's going to continue up.
Note
That's the ideal trade you are looking for, if to short, momentum is dying with divergence showing.
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.