Thursday, April 30, 2015

Price Action Trading The Wedge Breakout On Crude Oil Futures; SchoolOfTrade.com



Selling the trap high breakdown of the wedge pattern allowed us to pick up a quick and easy 41 ticks this morning!

In today's video we see Crude Oil fake-breaking the highs and immediately selling back down again.

This gave us an opportunity to sell the trap high for the early entry breakdown of the wedge and bank a beautiful $410 on the move!




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Take a picture of the Wedge Patterns we have on Crude Oil today because they don't get much more perfect than this! Absolutely crystal clear wedge and an easy to spot fake-break high into selling. What a move this morning!


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