Good thing that head and shoulder formation got invalid when it rise back up again above 8,000$ but it doesn't mean we are going straight up. Right now a bigger formation is forming on the 4 hour chart, a rising wedge (reversal) is currently forming and this might be our chance to sell our position at the highest point. The wedge is expected to tighten and be complete above 8,500$, 8,600$-8,900$ to be exact. I would be comfortable offloading my position at any of those price ranger when I see any confirmation of the pattern.
Are you playing with 100% of your stash when you make these on loads and off loads? And what is the reason to tell us if you are playing BIG with your load? Do you want to give heads up, or are you thinking that others might be able to share a contrary theory?