Wednesday, February 25, 2015

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

Crude 6JJBar
Crude Oil has formed a bit of a fake-break low and is now testing formed resistance.

I am looking to sell at 49.00, 49.21, 49.35, and 49.56 to drop prices back to the lows.

The first target will be in the middle at 48.92 with the final target lower at 48.43.

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