Wednesday, March 11, 2015

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

Crude 6JJBar
Crude Oil has had a nice looking fake-break low after news and is now pushing higher.

I am looking to sell formed resistance from 48.51 and 48.97 back to test the lows.

The first target will be near the middle at 47.79 with the final target lower at 47.33.

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