I've seen these whales play in the pool countless times now. My short trade that I posted earlier is working out great. With that being said, I'll let it run and hedge into a long @ the bottom trend line shown below. Panic sellers will dump once the first trends are broken and the thought of the iH&S being broken, however I believe a Symmetrical Triangle will be made and will hedge accordingly.
-Wolfie
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Muh trade's in disbullief....
Short got stopped out and flipped to add to my long. Sitting on sidelines for the 2nd push.
I sure hope you quickly escaped that short of yours.
Now I'm seeing iH+S confirmation and let fomo do the rest ;)