The Single Most Attractive Chart Pattern for Bullish Traders

Dear Trader,

Welcome to another issue of Big Energy Profits!

It's December and the holiday season is here.

To share in the holiday cheer this week, you can buy a one-year subscription to Big Energy Profits and get a second year free!

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In this issue we'll discuss:

  • The Most Attractive Chart Pattern for Bullish Traders
  • Unexpected Turbulence in This Sector Could Spell Trouble for January 2021
  • Your BOGO Offer on Big Energy Profits Won't Last Long...

Please enjoy, and have a great week!

10 Chart Patterns You Should Know How to Read

Chart Pattern #8: Ascending triangle

Ever laid your eyes on someone you thought was very attractive?

What did it for you? Was it the shape of their hips or broad shoulders? Did they compel you with enough excitement to make a move?

That's what happens with the bullish traders that feast their eyes on the shape of a sexy ascending triangle.

Click here to discover more about this chart pattern that every trader should know… as well as some tips for how to use these chart patterns to make more profitable trades every day!

Crude News

Oil prices dipped during Tuesday's trading session as the OPEC+ meeting ran into some unexpected turbulence, with the three most influential members failing to agree on how best to proceed with production in 2021.

OPEC+ delays meeting as chatter among it's members continues.  OPEC+ postponed a decision on its next steps until Thursday after talks proved trickier than expected.  Analysts expected the group to extend its current agreement by three months or so, rather than allowing the cuts to taper beginning in January. 

However, some reports indicate that some members are itching to increase production.  Russia has suggested easing by 0.5 mb/d each month beginning in January.  At the same time, the UAE is uncomfortable with low compliance levels of other members. 

Want to learn how you can get access to my members-only daily, weekly and monthly energy sector analyses, trade ideas and managed trade alerts? Click right here to view a free training video!

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    Near Term Market Analysis

    The $44.00 price area can contain selling through the balance of trading this week, above which the targeted $49.00 Long-Term Resistance price area remains a likely and obtainable target within several weeks time.

      Anthony Speciale Jr

      Editor & Chief Investment Strategist,

      Big Energy Profits

      Hawkeye Traders
      team1@hawkeyetraders.com
      hawkeyetraders.com


      Call us: (888) 233-8598

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