These patterns are just lining up for a small pull back or a short term pull in a long or call sentiment.
should the market make its way down to fill the pattern, i recommend a buy with a short term long option at this point.
basically with a 1:1 ratio and with a potential of turning it into something good if you can catch it to protect the profit or trail it and look forward to getting or profiting more
market is currently in oversold condition as the RSI would speak its part, and this means if the market keeps going down then expect a divergence on the RSI for an additional buy option.
for these to be carry out:
good entry
good R:R
good luck
should the market make its way down to fill the pattern, i recommend a buy with a short term long option at this point.
basically with a 1:1 ratio and with a potential of turning it into something good if you can catch it to protect the profit or trail it and look forward to getting or profiting more
market is currently in oversold condition as the RSI would speak its part, and this means if the market keeps going down then expect a divergence on the RSI for an additional buy option.
for these to be carry out:
good entry
good R:R
good luck