VXXB - Shark Pattern! I'm going long. Reversal soon at hand!

This is a possible Shark pattern (pink). The ratios line up well as indicated. These Bullish Shark Patterns create a "false" break down by dropping about 12.8% below the previous low as shown (the jaw). Most traders take positions after seeing that snap, but the Shark will take a nasty "bite" out of them!
It would bite the lows and then the price should reverse back up 88.6% to point D as shown out around March 21 or so.
So far these ratios and the overall pattern have a nice math ratios to set up.
I am now long VXXB.
by being short the SPY, as the VXXB is a contrary indicator.
I expect the market (SPY SPX) to reverse also.
So I have 150 March 266 SPY puts.
My opinion is obviously biased and a reversal from this mornings post with the break of the reaction line. Darn Sharks!
But I do see a huge amount of traders bullishness on line, regarding the market. I also see divergences in the RSI indicator... making the "Old Fart" say Hmmmm..... market about to drop soon!