Taking a trade off of the sliding parallel. Stops above recent swing highs, target is the median line, but will manage it as I watch price action around the -.236 Fib level.
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wuweitrader
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Wanted to just add these lines. There is (as you can see in the attached image), a very structured move downward, constantly doubling the range. This would imply a much lower target (100.80) than the median line. The Fib extension also comes in about where these lines imply (100.85).
wuweitrader
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Just to be a bit more precise with my trade and stop levels, here's a picture.