BAYTEX ENERGY CORP
Long
Updated

BTE Outlook

273
BTE is setting up nicely for a buy off all time lows. From the weekly we've found major support areas between 2.01-2.20 price area. Trading within a descending wedge on the W1/D1. The double top on the D1 formed since Feb 8th has created a bullish cypher pattern and this is the area where we'd expect to buy the D. If you get a continuation this cypher pattern is valid. If the pattern is repeated we can look for this setup to continue bullish.

Daily:
snapshot

Weekly
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Trade active
Spot on so far!!!!
Trade closed: target reached

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