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MadNigerian

ENERGY TRANSFER Inverted complex H&S - 3.56 RR

Long
Energy Transfer LP (NYSE:ET)  
MadNigerian  
NYSE:ET   Energy Transfer LP
Trend Analysis Chart Patterns breakout breakouttrading Energy Commodities energies energystock energytransfer crude Oil
2
1
trendanalysis chartpattern breakout breakouttrading energy energies energystock energytransfer crude oil
Consolidation since June 20th.
Call it rounding bottom, inverted multiple/complex head and shoulders or perhaps a cup and handle bottom but the idea is the same - BREAK OUT AFTER MONTHS OF CONSOLIDATION

Entry 7.17
Stop loss 6.55
Take profit 9.38

Adjust position size according to risk appetite


Comments or cheers will be appreciated

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