Energy holding on cloud support

Jul 2, 2020

Looking for a bounce back up to 50 levels, XLE is a good all around ETF as well.
Trading on cloud support last few days, I am in only for a relief rally then out.
Coincides with a 50% retracement not shown bc messy charts don't make you look cool guys.

Jul 8, 2020

Note

Still waiting for confirmation before entry, we may see a touch at 40 range but complete collapse seems unlikely.

Jul 9, 2020

Trade active

Position entered on XLE @ 34.82

Jul 18, 2020

Trade closed: stop reached

Cloud break rejection off support