While I do agree with your analysis, I would have to say that you need more confluences to SELL this pair. However, the descending trendline has proven to bee reliable multiple times. On the D1 time frame you can see that price is forming a symmetrical triangle, so it would be of interest to look out for that. Price has also found resistance at the 23.6 Fibonacci level, aligning with the descending trendline. I would say, SL: 0.75777 and TP: 0.74622 (SELL). I may update this for an increase of occurring confluences.