The unorthodox reverse-pattern shown has worked so well, generating three profitable ‘mechanical’ buy signals at the green line, that we should confidently expect it to produce yet another winner when it trips a ‘mechanical’ short at D=79.68. The trade will require some adroit calculations in real time, however, since the most efficient trigger interval that I can come up with at the moment is 78 cents, implying entry risk of at least $780 per contract.
CLQ23 – August Crude (Last:75.42)