With every body Long the path of least resistance is right through them.
Break out sell-orders on the bottom & Stop loss orders for the people who bought at the previous few lows. Should create enough energy to reach my profit target.
I'm looking for a take profit of twice the distance of the energy coil.
Let's see how this plays out.
Beautiful Risk Reward Ratio. Who can't afford it.
** AS ALWAYS TRADE AT OWN RISK
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