Wednesday, October 21, 2015

Crude Oil Futures Day Trading Strategy Review - Selling midline resistance on a HnR Failure

Crude 1000V
Crude Oil had a nice drop in the early morning which led into a large bear channel formation.

This gave sellers a chance to sell midline resistance on the HnR Failure right back to new lows.

Overall this gave a move lower for 10, 10, and 26 ticks back to new lows on the day again.

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