Thursday, February 26, 2015

Crude Oil Futures Day Trading Strategy; Buying support back to the highs

Crude 6JJBar
Crude Oil has formed a fake-break high yesterday and we are now coming into support.

I am looking to buy at 49.40 to push prices higher and if it breaks down, selling at 49.40, 49.76, 49.98, and 50.34 as resistance.

The first target will come off in the middle at 49.92 with the final target above at 51.28.

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