Thursday, May 22, 2014

Crude Oil Futures Day Trading Strategy; Buying the WAVE to new highs

Crude 16JJ Bar
I am watching Crude Oil continue to make new highs over and over again on VERY strong buying.

I am waiting for price to pullback to buy it at 102.99-102.68 as well as below that at 102.25-101.69.

The initial target on this trade will  be the first swing at 104.29 with the extended target all the way up at 105.90.

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