Looking for a bounce back up to 50 levels, XLE is a good all around ETF as well.
Trading on cloud support last few days, I am in only for a relief rally then out.
Coincides with a 50% retracement not shown bc messy charts don't make you look cool guys.
Trading on cloud support last few days, I am in only for a relief rally then out.
Coincides with a 50% retracement not shown bc messy charts don't make you look cool guys.
Comment:
Still waiting for confirmation before entry, we may see a touch at 40 range but complete collapse seems unlikely.
Trade active:
Position entered on XLE @ 34.82
Trade closed: stop reached:
Cloud break rejection off support