About meMarried 17 years with two kids. Veteran, and semi-retired at age 47 from a long career in the electrical services and contracting industry. Now, I'm living the good life by making the hardest easy money I can. I primarily day trade and swing trade.
Is the pattern too obvious? Will smart money use it against us? For now, I'm short and don't want to get greedy. I'll be taking reasonable positions along the way and closing with small profits. I'll also be ready to reverse coarse quickly if this appears to be a trap.
All you can really do is use the tools to increase your odds. I've revised my outlook from earlier. If this proves to be a more accurate representation of the price action, then we just need to see if Wave 5 is complete. If it retrace above Wave 3 a new trend is developing.