Beautiful symmetry. Bullish pennant
and price touching its trend-line on
the backside is definitely contradictory,
however, breaking its trend-line takes precedence.
I'll be waiting and hoping that oil reaches my entry.
In reality, the smarter decision to make here
is to go long and to prepare to add in the event
price reaches my entry target. I sold out at $57.
Not necessarily the smartest decision, but
I'm addicted to leverage and need a low risk entry
to earn a huge multiple on my capital put at risk.
and price touching its trend-line on
the backside is definitely contradictory,
however, breaking its trend-line takes precedence.
I'll be waiting and hoping that oil reaches my entry.
In reality, the smarter decision to make here
is to go long and to prepare to add in the event
price reaches my entry target. I sold out at $57.
Not necessarily the smartest decision, but
I'm addicted to leverage and need a low risk entry
to earn a huge multiple on my capital put at risk.