Although it's a what if for, becomes an expectation when i see that bear div on rsi. An impulsive move like this may very well complete as diagonal, and when you see diagonals at the highs with HTF divs, you run away.
If that happens to work, i'd not think for a second to buy that dip as the expection should be new highs, but i'd not be married to that idea - which takes me to the 2nd idea:
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