$IWM $RT_F needs to chill out a bit

I am not a big proponent of trendlines but this pattern is coming to a head real soon. This wedge lines up with a bunch of other stuff I am seeing, hearing, feeling.
Not sure how or when it plays out but it would seem logical to sell a bit in to the strength and buy some puts about a month out.

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That obviously resolved to the upside....

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There was a great buy-signal on H4 the 21ma hold

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Closed shortly after the idea was posted.

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Play on this setup was to the daily 200ma and/or weekly 50ma

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It eventually worked out but not based on that setup