Tuesday, July 22, 2014

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

Crude 6JJBar
Crude Oil has formed a fake-break low showing us failure from the immediate sellers.

I am waiting for price to take a break and move up to sell again from 102.84 and 103.02 right back to a new low.

The first target will be previous structure sitting at 102.65 with the final target back at the lows of 102.35.

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