COP Long Swing Play

By vectra-trades

Updated

OIL Play. COP broke out of coil recently on daily chart. Break of horizontal resistance around 58 ish can get this up to 62 (based on depth of W pattern).

Notes on chart.

Note

Good breakout and consolidation today. Doji today at the end of an uptrend. Need caution since market is vulnerable as well.

Note

Triggered and moved ~12% since. Still looks good.

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