I see the pattern, but this market is completely irrational. DAMN the FED. But if it breaks support I'm trading it!!!
UnknownUnicorn5725068
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are you still bearish?
Ksandvold
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@jeffreyc96, Yep, unless we get back inside the rising wedge or above. Then i will be targeting the .618 as the high. This chart is still valid unless we get up above the purple uptrend line FYI.
AdrianZen
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It's not textbook setup if both shoulders aren't done.
Ksandvold
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@AdrianZieniewicz debatable!
UnknownUnicorn1375590
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How is the textboook setup playing out?
Ksandvold
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@spin_cycle, Still valid! Patience is key
Wazaby
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@Ksandvold, You are perfectly right ksandvold! A day is not week nor a month! You also have an island reversal! Short, short, short!