Chart Pattern #9: Descending triangle The descending triangle shows a bearish pattern with a continuing trend that breaks past the support level that results in a new downtrend. In layman’s terms… The sellers got really aggressive in tug-of-war and forced the price to even lower levels. The pattern is fully formed when there is an…
Anthony here with your daily energy sector and crude oil market update. The OPEC+ scheduled meeting is still going on at the time of this recording, so stay tuned to tomorrow’s update for the outcome… And if you’re ready to learn more about my 3-click, 6-figure trading system, click here to watch my free training…
Anthony here with your daily energy sector and crude oil market update. Prices have been pretty rangebound of late as we await the next scheduled OPEC+ meeting, which is slated to happen tomorrow. The good news is that the UK has officially approved the Pfizer vaccine for distribution, and hopefully as more countries and governments…
Chart Pattern #8: Ascending triangle Ever laid your eyes on someone you thought was very attractive? What did it for you? Was it the shape of their hips or broad shoulders? Did they compel you with enough excitement to make a move? That’s what happens with the bullish traders that feast their eyes on the…
Anthony here with your daily energy sector update and crude oil market analysis. To learn more about my 3-click, 6-figure trading system, click here right here to view my free training video!
Chart Pattern #7: Flag Chart Pattern A flag chart pattern takes shape when the market follows consistent price action then breaks out in a massive uptrend or downtrend. It’s very similar to the wedges chart pattern. But the focus is on what’s happening before the wedges and the breakout. Usually, the asset in the market…
Anthony here with your daily energy sector and oil market update for Monday, November 30, 2020. Discover the details of my 3-click, 6-figure trading strategy by clicking right here.
Chart Pattern #6: Wedges Slow and steady wins the race… Little drops of water make the ocean… One step at a time… Sure, that’s all timeless advice… But would you turn down an opportunity to speed up the process? I mean, if you could zoom right to the finish line, wouldn’t you set yourself up…
Anthony here with your energy sector and oil market update for Friday, November 27. The markets were closed yesterday and are only open for a half day today, so I expect volume to be light. Stay tuned for more updates and alerts in the coming week. Learn more about my 3-click, 6-figure trading system by…
Chart Pattern #5: Cup and Handle Presentation matters. It’s why companies that sell products in grocery stores focus on packaging that stands out. And there are few patterns that present better trading opportunities than the cup and handle chart pattern. This pattern is simply chart action that looks like a tea cup. There’s a “U”…