Thursday, July 24, 2014

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

Crude 6JJBar
Crude Oil has been pushing lower out of consolidation but we have been met with a fake-break low.

I am waiting for prices to rise a bit to sell from 102.88 and 103.04 as well as higher from 103.14 and 103.30 back to a new low.

The first target will be back at structure around 102.70 with the final target right back to the low of 102.46.

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