Shorting at blue line with stops of the red line. TP1 is the green line (I will move stops to Breakeven when it has moved in my favor an eqivalent amount to my risk. I will then take half profit at the green like and attempt to hold the second half for deeper targets as long as no compelling bullish patterns form. Wish me luck.
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By the way guys...this is a butterfly (according to my rules)...I guess I am used to typing Bat because I seem to find so many of those but just wanted to clarify :)
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Updated view...2 valid bearish patterns which I am most interested in