Tuesday, April 19, 2016

Market Psychology Of A Wedge On Crude Oil Futures; SchoolOfTrade.com

Today we had yet another day of  huge bullishness in the Crude Oil Futures following up yesterday. We have a wedge from yesterday which failed on the lows for buyers to flood back in and shove the market higher on the breakout retest.

This gave us a gorgeous combination of technical analysis as well as market psychology when we see the sellers try and get slammed out on their stops causing another run back up again!

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