This position is contingent on the idea that we may have reached some sort of top. If price retraces I would expect it to at least come down to the green box along with the potential outlined targets. As mentioned in my bullish scenario this could be a bull trap so if the momentum is there this might be the beginning of a bigger correction, will be leaning more bearish if the purple rising support trendline is broken and candles close below it (hourly, and a 4hrly).