Chart is self-explanatory. Notice the change of character on first peak - no decline has been this sudden since last consolidation range. The volume
on the peak is also the highest since the markup (ignore news peaks). This 'change of character' tell us that something different is happening in the market now. It was in markup, so therefore, it may be safe to say that it is doing something other than markup now - potentially
a new consolidation range.
Price action and volume
analysis in this area will tell us what is happening as time unfolds.
I will not
take a position until the above has been analysed and a direction out of the range is evident.