Went short after seeing this bearish butterfly . It's messy since we're ignoring that left higher peak and also because it's off the pins.
I don't have much info regards drawing patterns off pins or what to make of that previous high.
TP - ~$650?
I've seen these patterns fail plenty of times. I don't expect it lower than $500
post mortem, went to 744 not below point c. could have profit with a very conservative take profit. advice on other patterns would have said put TP halfway between a&c -ish. i've seen this weak drop following these patterns may times before but also have seen it dip even less and back up and beyond.