Guess folks get too excited sometimes and run securities too far to the upside. I am beginning to wonder what type of market we are in /bull or bear/ but time will tell )o:
Thinking we need to chill for a while perhaps?
No recommendation..
2nd valley is lower than the first/just flip it the other way for Bull shark/I hate those Ws! LOL
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I would not go long on this on this particular pattern/To me it does not look good but we are all different. I am a pattern trader and many are not. I have no idea what everyone else's rules are, I just know mine. It is important to know what type of trader you are I suppose. I do not always get the pattern right because everything is always changing so much/Sux Rox too!
I wish I did have a crystal ball and I do hate the fact that all I can do is guess. I do know I am a pattern trader, so that is a good thing that I know what I am especially in the midst of chaos, I feel i am always guessing. I suppose it is good to know yourself when entering the trading world. It is just bugging me that everything in life seems to be a guessing game )o: or a Maybe (o: