Sand P Double Cup & Handle + Double Inverted H&S

See chart. Got a big cup from Wednesday with handle/cup on Thursday and smaller handle forming in PM Thursday. H&S yesterday made me close shorts; got another one today.

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Broke below the handle be prudent!

Yorum:

TReacherous and TRicky market to play, I've learned the hard way to follow rules of discipline to prevent loss of trading capital. When an ITM contract moves OTM I close it, that's stoploss, b/c holding it is just wishful thinking and the R/R gets lousy when options go OTm they lose value very very quickly, can't afford to let losses run. I still worry that this market is near a pullback and selloff can happen any moment. Play your cards close to chest!