Tuesday, July 8, 2014

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

Crude 6JJBar
Crude Oil has caught a strong drop off of the bursted highs this morning into a 123 reversal back to new lows.

I am waiting for price to dig into our sell zone at 103.71-103.82 to sell back down to a new low.

The first target will be at the lows at 103.33 with the final target lower down at 102.94.

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