Good ratio confluence and structure support at entrypoint. Stop below support, target at X point resistance.
I'd prefer to use this to take a small profit against to overall trend with a relativly tight stoploss. But a stop below the head is fine too (to shoot for a slightly bigger target). If you do that be aware of potential bearish patterns forming within the right shoulder to determine where the best place for your target is.
3 Potential Reversal Zones. I marked the RRR for all 3 of them if you'd go max Stoploss and max Target. But how you wanna play this, really comes down to your personal preference.
The easy and clear structure allows us to set up a tradeplan for multiple scenarios.