Price is making HH an HL in the bigger TF (weekly) for a long time, this possibly a HL + Double bottom, we can see some kind of exhaustion in the 4hr TF. Safe way to take this trade is to wait for the price to break out of the yellow zone. If the price brakes out up and close above i will consider this trade valid.
Price is at weekly resistance, possibly forming a weekly doji means strong rejection.
4hr consolidation structure is broken and currently retesting.
I am in the sell from 7510.
Beware its a long term trade.