That seems to be basically the only thing the bulls can come up with as to why they think price will go up from here.
So without this one single pattern, a LOT of bulls will start to panic all at once because they know that they're trading against the trend and don't want to be holding the bag.
So I am considering putting a few stop limit entries below that because once this inverted pattern is invalidated it will touch off a major stop run to the downside.
If your trade depends on a single point being "exact" in some way then you're over fitting.
You don't have a valid thesis for a trade until you have agreement of confluence. The bulls' charts don't have any confluence because there's nothing else on the chart that validates the head and shoulders. The bear chart has many points from the down trend to justify a downward thesis.
Examples of bulls charts that depend on that trend line holding: