Hmmm... just looking at the bigger pattern. Looks like it will soon have a pullback.
A little more up should complete the smaller Crab pattern.
This should top out the black wave 3.
the pullback should chop us back down to the green buy line for wave 4 (black)
Then another push up to complete the wave 5 of 3 (red label).
When I see the topping area for the Crab Pattern complete I'll short more.
I obviously have bought my puts to early.
(Old Fart screw up)
A little more up should complete the smaller Crab pattern.
This should top out the black wave 3.
the pullback should chop us back down to the green buy line for wave 4 (black)
Then another push up to complete the wave 5 of 3 (red label).
When I see the topping area for the Crab Pattern complete I'll short more.
I obviously have bought my puts to early.
(Old Fart screw up)