Monday, July 21, 2014

Crude Oil Futures Day Trading Strategy; Selling resistance back to new lows

Crude 6JJBar
Crude Oil has caught a bit of a fake-break low at the overall lows where we have now come right into resistance.

I am looking to sell 102.26 as well as the highs of resistance at 102.56 with the secondary zone at 102.74-103.04.

The first target will be the BMT's in the middle of the move back at 102.03 with the final target back to new lows at 101.48.

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