Thursday, July 10, 2014

Crude Oil Futures Day Trading Strategy; Buying support back to new highs

Crude 6JJBar
Crude Oil has pushed higher on its 456 continuation WAVE but formed a bit of a fake-break of the highs.

I am waiting for price to fall a bit farther back down to buy from 101.70 and 101.47 back up to a new high once again.

The first target will be previous structure sitting at 102.00's with the final target back the overall high at 102.28.

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