Posted by johnny2012 on 15th of Sep 2022 at 06:39 pm
Amazing how both setups are valid. The drop stopped right at the
bottom of the wedge, little pinnochio below and small bounce.
Head and shoulder could take us even lower couple hundred
which does seem very possible in this backdrop. Gotta stay on your
toes for sure lately.
Update: tagging the bottom of
Possible wedge on 5 and 15 min nq futures.
Posted by johnny2012 on 15th of Sep 2022 at 06:07 pm
Update: tagging the bottom of the wedge now. Definitely use a tight stop.
yep was lower risk area
Posted by matt on 15th of Sep 2022 at 06:15 pm
yep was lower risk area for long with tight stop
Could also be a H&S
Posted by kobie on 15th of Sep 2022 at 06:21 pm
Could also be a H&S continuation pattern?
Amazing how both setups are
Posted by johnny2012 on 15th of Sep 2022 at 06:39 pm
Amazing how both setups are valid. The drop stopped right at the bottom of the wedge, little pinnochio below and small bounce. Head and shoulder could take us even lower couple hundred which does seem very possible in this backdrop. Gotta stay on your toes for sure lately.
Yep, hence the stop.
Posted by johnny2012 on 15th of Sep 2022 at 06:21 pm
Yep, hence the stop.