This could have H&S setting up.
I am grabbing commons with plan to swing trade to the top(ish) of the right shoulder, then cut bait and wait for another bull pattern.
If the H&S confirms solidly, I may buy puts for the ride down.
So short term: (1-5 days) go long
pause for 3-5 days to confirm pattern
re-enter with puts if H&S confirms, else re-analyze entry.
I am grabbing commons with plan to swing trade to the top(ish) of the right shoulder, then cut bait and wait for another bull pattern.
If the H&S confirms solidly, I may buy puts for the ride down.
So short term: (1-5 days) go long
pause for 3-5 days to confirm pattern
re-enter with puts if H&S confirms, else re-analyze entry.
better not bitter
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