I added some tools to my portfolio and I am testing them these days. Two of them are EMA and SMA - we have a price crossing under SMA 100, which is a sell signal. SAR indicator signals the same. Possible Fibo retracement bounce from 50% level of previous downward move. We are probably not gonna touch the upper trend line. Going short, trade opened.
We now stopped in the shorter-term channel at the bottom and we have two options. I am in favour of more downtrend. That is why I setup a second entry as sell stop. I also have a great position from the top of the channel in a short position. I can collect my profits if the trend reverses and price bounces.