not what I usually do but I think it's time for a retracement and the r/r is good. sell the highs, take back to previous resistance which should now be support
pretty straight forward, but the channel is so obvious that you have to put a big stop on to avoid having it run.
or be smart and buy after teh stops have been run, with tight stop under that new low
this is a 5 min chart but also risky
first target should be low of day
if that breaks we go to lower median line paralllel
if you want to keep your stops wide you can maybe trail it down a fair bit in case this should break
I think it has shown enough weakness by now to warrant a sell, even tho the median line hasn't really been tested yet.
if you want to be cautious use a test of the median line and then sell the retest
