Wednesday, June 4, 2014

Crude Oil Futures Day Trading Strategy; Buying the continuation double bottom

Crude 6JJBar
I am watching Crude Oil continue its rise higher but it is taking a bit of profit taking back down to a double bottom area.

I am waiting for price to test and dig into 103.25-103.13 to buy it right back up to the highs for a double bottom continuation.

The targets to the upside will be the initial swing first at 103.69 with the final target at the extension of 104.04.

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