Friday, May 23, 2014

Crude Oil Futures Day Trading Strategy; Buying the WAVE higher

Crude 16JJBar
I am watching Crude Oil stall at the highs and fail to push higher before catching some selling pressure back down.

I am waiting for price to dip back to 102.99-102.68 to buy it back up to the highs. If it falls lower than that, I will also be buying 102.25-101.69.

The targets on the way back up will first be at the initial high at 104.29 with the extended target up at 105.90 for a potentially HUGE runner!

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