Looking at possible failure for EOS to exit long term channel

Invalidation occurs at another test of the recent highs.

Targeting upper 4.5s, then 4.2s, then looking for a reaction upon upper channel test if it occurs.

R of this trade: 0.5:1

3D chart showing the formation of the horizontal channel.

Picture in case the idea is scaled oddly in the published chart.

Futures premium from FTX, on a Bybit chart. They're all priced about the same anyway, and the main chart series does not affect the futures premium formula.

Trade closed: stop reached:

Fascinating.