We have only 2 levels, and after breaking level 2's high, we can expect a retest of that high and then an impulse up for level 3 thus completing the structure.
Key Points:
1. Dont sell in an uptrending market, so wait till you see a sell structure. preferably on lower time frames.
2. Remember the golden rule? Buy low sell high. So dont buy were you see a resistance, like in this scenario.
3. You can never go wrong with proper risk management.
Happy Trading...