good signs of bearishness and signs that price could be oversold (based on channel)
broken support which was holding up the price
Started to show lower lows and lower highs. Entry based on seeing reversals off of either the upper channel or the average of channel.
Using the lower highs on the hourly for stoploss placement, as shown in video.
1:1 reward to risk seems probable if the price action pans out as described, although scope for a move beyond that.