ET, Energy Transfer, Tickets Please

26 apr 2021

ET, monthly, energy value play: The current monthly bullish engulfing candle patter within the right ellipses appears to repeat an identical, bottom reversal candlestick pattern from 2009 (yellow+orange). Strengthened by the local Adam Eve double bottom , bullish divergence makes case for Fibs targets & the measured move validates 1.272 overhead extension. Get paid along the way. Remember this is the monthly, so the idea here is a slow and low setup with easy risk management and excellent profit exposure.