it appears as if we are in a big bear flag
that is ranging between two channels, divided by the red line. If we continue on this trajectory we will meet the original downtrend line that has NOT yet been broken (use log scale)!! Simple strategy, buy at the bottom of the channels with tight sl and sell when we meet the downtrend. Cash will be king if we be break down and can easily buy back in if the downtrend is broken as it will likely be retested for support confirmation.