Oil - Ascending Triangle Technical PatternAscending Triangle Patterns are bullish and one of the more reliable patterns in technical analysis.
Disclosure: This is only for educational purposes and not a recommendation to buy or sell securities.
OSX trade ideas
OSX $OSX Initial LongOSX $OSX Initial Long. This is a pure momentum signal just as are every other signal I post. ZERO other factors are considered in producing this signal.
Entry reasons: OSX is showing momentum and confluence of mean reversion crossing up the 70 day price mean.
Exits and SL: TP and SL on chart. Move SL on TP. After TP2, trail with 0.5xATR step and 1.5xATR offset.
OSX $OSX Initial LongOSX $OSX Initial Long. TP and SL on chart. Move SL on TP. After TP2, trail with 0.5ATR step and 1.5ATR offset.
PHLX OIL SERVICE SECTOR BUYHi there. Bigger time frame, bigger the opportunity. Price is forming a continuation pattern to the upside and a reversal pattern at the bottom of the bigger pattern. We may see a big move to the upside soon. This is a longer term trade.
