Broke out of channel but didn't seem to be strong enough to hold it's own weight. (pa-dum-tsss)
First bearish 4h closure was a good enough signal for me to get in, knowing draw down would be light as if i were wrong my stops were slightly above the ReTrace of the LowerHigh.
A1 risk/reward.
TP1 immediately smashed with no concerns.
TP2 is awaiting a retest to the area of 1495/1496
TP3 will be a 100% retest to the last LL of this Ultimate Down Trend.
TP4 of course will be the final goal at the bottom of the channel.
This of course, is the over-all idea.