The end of any large time frame type pattern usually results in a congestion as we move in closer and closer to the convergence of trend lines. If you are an option buyer, this could be your Afghanistan, viz the graveyard of option buyers as momentum becomes highly erratic and theta doesnt let you sit at any position. Now would be an ideal time to sit aside take notes and paper trade these type of markets. Rather than Fomo'ing in, get your levels in, do whatever but paper trade and learn. You dont need to lose your capital. wait for the break of the pattern.
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