Thursday, November 6, 2014

Crude Oil Futures Day Trading Strategy; Selling the fake-break high above the BMT

Crude 6JJBar
Crude Oil has popped above the BMT's but is quickly snapping lower and showing signs of failure.

I am looking to sell right here at 77.72 to drop price lower back into the downtrend.

The first target will be lower at 77.26 with the final target lower at 77.12.

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