Criteria 2c: The 3/10macd Slow Line is trending down while its Fast Line is also trending down.
For this setup price should be trending Up (so the 20- & 50-MA will be moving higher with a symmetrical distance between them). Essentially this is demonstrating a pullback following relative momentum.
The key component is to look for a break of an orderly trend line.
Targets will be previous break-down points (levels of supply that have previously not been tested), watching for price exhibiting signs of weakness at these levels.