This "could" be the start of a bear flag as well...
Little rising wedge.
Leading into the neckline of a mini head and shoulder pattern.
Down to support "orange".
A rally into resistance "red" by the end of next week.
Everyone gets all excited.
Then slam in the face and blood in the streets into 2020 support "BLUE" and the US midterm election.
This is why I day trade nowadays.
There are many paths and the future is uncertain.
I take what the market gives me each day and sleep well at night with USD in my account.
The only reason I even ChART anything out further than today is to try to get an idea of the trades that are coming up.
Till next time.
P E A C E ...
p.s. As bad as this sounds and would cost my business dearly this path ensures a DemonRat loss in NOV. I like this outcome. Time will tell the tale.
Little rising wedge.
Leading into the neckline of a mini head and shoulder pattern.
Down to support "orange".
A rally into resistance "red" by the end of next week.
Everyone gets all excited.
Then slam in the face and blood in the streets into 2020 support "BLUE" and the US midterm election.
This is why I day trade nowadays.
There are many paths and the future is uncertain.
I take what the market gives me each day and sleep well at night with USD in my account.
The only reason I even ChART anything out further than today is to try to get an idea of the trades that are coming up.
Till next time.
P E A C E ...
p.s. As bad as this sounds and would cost my business dearly this path ensures a DemonRat loss in NOV. I like this outcome. Time will tell the tale.
ChARTist @ Large, uncovering Mysteries In the ChARTs daily...