Thursday, June 12, 2014

Crude Oil Futures Day Trading Strategy; Selling supplied highs at resistance

Crude 6JJBar
I am watching Crude Oil continue its fall lower off of the highs and into a potential fake-break low around the BMT's.

I am waiting for price to rise higher to sell at 106.47 and 106.78 right back down to the lows again.

The first target will be the previous structure level at 106.06 with the final target back at the lows from 105.68-105.47.

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