Short Pair AUDUSD

AUDUSD pair has reached rally base zone on timeframe daily & previous high shown strong rejection at 0.74138. I am waiting for confirmation sell structure at a lower timeframe for form before shorting this pair with CL at 0.7451 & TP 0.70728 with R:R = 1:7 https://www.tradingview.com/chart/AUDUSD/UBQWcyEq-SHO/