wavyix
2023-03-06

$(BOIL)$ I think this move marks the end of the big rally. Went above and beyond my expectations with no big retests at all. I see in the past that these moves can end badly, and this move tonight seems like the beginning.

But now the play for me is to try to find the new bottom and then just sell it back near the previous highs. I've noticed in previous cycles that BOIL likes to play around in horizontal channels for a while before a big move, so I'm going to assume it will do that again until it starts to take out the highs and moves even higher. Ofc, this market is maximum insanity so anything is possible.

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