Thursday, May 21, 2015

Crude Oil Futures Day Trading Strategy; Buying the wedge and channel lows

Crude 800V
Crude Oil has had a strong rise higher all morning but is getting weaker peaks into a wedge formation.

We are resting on the lows of the channel/wedge and I am looking to buy this back to retest the highs.

The first target will come off at 60.40 with the final target at wedge highs.

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