Yes, by some accounts, people will say this is a major inverse head and shoulders pattern. I disagree, what I believe this equates to is the ultra bullish female liberation breakout pattern that resembles, of course, the female anatomy.
When I saw the chart, I couldn’t help but notice the obvious, and it helps to explain why the market has become so ultra bullish the past few days.
So do yourself a favor and don’t go shorting patterns like this.
Welcome to Swing Trading the Stock Market Podcast!
I want you to become a better trader, and you know what? You absolutely can!
Commit these three rules to memory and to your trading:
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In today's episode, Ryan answers the questions of one listener ranging from his transition from paper trading to live trading, and swing trading to day trading. Also addressed is his approach to trading, specifically Fibonacci retracement levels and why Ryan prefers Pivot Points instead.
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