this trade has the terminating much early and on good previous supports and resistances if the market gets down there.
the also terminates with the completion of the pattern (3DP)
but since we are having 3 cute patterns all pointing to a move for now? so i presume to go with the pointing.
but how do i do that, i waited and looked for a good opportunity which i saw one with the followings:
a. entry as it hits a resistance drawn with the black horizontal line and
b. at a good retracement after the last pullback following the second drive pattern.
c. there is a close below previous high, showing and portraying the market is in a likely downtrend
hope this description is quite clear
if you wana join the trade to complete any of the patterns, do the followings:
NOTE: market is never your friend so be careful entrying this trade. you could dial back position sizing to have a small lot traded.