Thursday, May 8, 2014

Crude Oil Futures Day Trading Strategy; Buying market support

Crude 16JJ Bar
I am watching Crude Oil fall from the highs on its first attempt to move higher.

I am looking to buy the initial failure to move higher at 99.05 and 98.30 in structure support back up again.

I will be targeting a bit under the Big Round Number of 100.00 at 99.87 as the first target and the final target back at the highs at 100.69.

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