Wednesday, May 13, 2015

Crude Oil Futures Day Trading Strategy; Selling the larger channel lower on strength

Crude 800V
Crude Oil has had a BIG rejection lower after the numbers came out and is now experiencing heavy selling.

I am looking to sell retracements to push prices back to new lows once again.

The first target will be at the low first of 60.77 with the final target lower at the channel lows.

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