Today I was correct to try to short /cl - it dipped fast then recovered all of it -- and that was a good way to lose a lot of money - -eventually a triple top formed. Oh -- the pattern -- over and over again it repeats -you merely have to find it.
Today I put in fib lines and thought 50% would retrace and indeed -- it went below and hit it -- 16 ticks further and climbed right back up. So fibs is an interesting tool to add to the pattern -- to help with targets.
Today was clearly choppy from the start and /tf whipped around and then spiked in the morning but this formed -- yes -- a triple top and that indeed was the high of the day. So once again -- it was fast -- but these patterns are very good entries. The rest of the day was a mess.
So 2 good charts to consider --
In general. My swing trades must be focused solely on strong stocks. There is no other way to make money.