I have been VERY VERY #successful trading the #inverse of WTI and $UWT tickers from #citigroup
Watch your stops. and get ready for #inflation prices like 2006 to 2008. I would expect to see gas at 3.50 per /G consistent across the us by 3rd quarter 2022
Way to may car mfg's are on FULL tilt with massively #heavy SUVS and TRUCKS. EV's wont be retool'd for $f and...
1) Short correction.
2) Double small impulses
3) During breakdown of the first candle. growth is same size of candle. (TD)
Profit:Risk = 1:1
Buy Stop = $5.07
Take Profit = $5.23
Stop Loss = $4.91
Take Profit = +3.16%
Stop Loss = -3.07%
ETF Trading using simple Supply and Demand strategy.
The Downtrend was assumed over when higher highs were made.
Now that we have a pullback, it may be time to enter the market.
[ALWAYS use stop losses to protect your account at all times.