Tuesday, April 26, 2016

Buying The Channel Lows On Crude Oil Futures; SchoolOfTrade.com



Today on Crude Oil we see a beautiful drive up off the lows but with almost TOO much strength and the buyers getting a bit exhausted. This gives us a very big clue on how to play this move going forward.

The bounce off the channels in combination with the exhaustion means we need to be looking for the last place the buyers were and we were able to pick up a gorgeous move higher this morning!

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