Energy Transfer LP Scheme 6H

Designed for options.

• Stock is trading at long-term demand price range.
  
• Commodities have established the beginning of a super cycle.
  
• Too many recent attempts to push the price lower have failed.
  
• Patterns suggest a breakout from triangular formation on daily TF.
  
• A drop to support trendline is an "ALL IN" from my perspective.
  

Overall look:

BTW TimeFib 1.272 of the cycle is on 12th of March 2021

Comment:

Timing and %

Comment:

Price hits upper band of thin channel.
Let’s see if ET can break out of it.