Entered a short position on this chart. As you can see starting out we have a multi-top going back to around new year 2013, that was tested 1 year later. From July to December a nice trend line had formed, but as you will see the MACD started to show warning signs of losing momentum. price has since broken through the trend line, and while it did try to rise back above that line has failed. Looking at today's picture I have entered a short position based on those reasons and I used a 3% drop from break as my confirmation for breaks. As a added bonus The MACD is still falling and volume has also tapered off with the move.