(New Video) I Have A Running Joke That I Don’t Trade This

Okay so I have a running joke with my members that I don't like trading oil.

The reason is that oil barely cares what the chart says.

You can find a gorgeous technical setup, feel great about it, and then wake up to some geopolitical thing that sends the whole sector one way or the other and none of your levels matter anymore.

So I mostly leave it alone.

Except this one keeps getting requested, it's trending, and when I finally pulled it up I understood why.

Bull flag after bull flag going back months, and volume kicking in hard on the most recent breakout, which tells me buyers want it at these prices.

And then I saw the pattern that gets me excited, which also happens to be the one most people read completely backwards.

I walked through the whole setup in a video. Where the measured move lands, how long I think it takes to get there, and what you'd want to watch for if you're thinking about getting in.

===>Watch it here

Rock On,

Voz

 

Discover more from Trade To Close

Subscribe now to keep reading and get access to the full archive.

Continue reading