Friday, June 20, 2014

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

Crude 6JJBar
Crude Oil had a quick snap lower for a fake-break to the downside triggering a nice shot straight back up again.

I am waiting for price to pop a bit higher to sell at 106.86 and 107.07 back down again to new lows.

The first target will be the previous structure at 106.70's with the final target back to the lows again at 106.29.

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