A clear inverse H&S pattern

TTD has been forming a clear inverse head and shoulders pattern since its ER drop on 8th of August. If the pattern plays out TTD can reach around $70 where the 200% fib extension is.
If we zoom out we can see that it has a huge double bottom patter as well. ER on 6th of November may send it directly to $70.

It is possible to hedge the position with a 40$ strike PUT.