This could have H&S setting up.
I am grabbing commons with plan to swing trade to the top(ish) of the right shoulder, then cut bait and wait for another bull pattern.
If the H&S confirms solidly, I may buy puts for the ride down.
So short term: (1-5 days) go long
pause for 3-5 days to confirm pattern
re-enter with puts if H&S confirms, else re-analyze entry.
I am grabbing commons with plan to swing trade to the top(ish) of the right shoulder, then cut bait and wait for another bull pattern.
If the H&S confirms solidly, I may buy puts for the ride down.
So short term: (1-5 days) go long
pause for 3-5 days to confirm pattern
re-enter with puts if H&S confirms, else re-analyze entry.
better not bitter
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The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
better not bitter
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.