Wednesday, October 8, 2014

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

Crude 6JJBar
Crude Oil has caught quite a bulk of selling pressure dropping it to new lows but into a fake-break low.

I am waiting for price to rise higher to sell once again from 87.93 right back to the lows again.

The first target will be the BMT's in the middle at 87.55 with the final target at 86.83.

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