Tuesday, May 17, 2016

Price Action Trading The Bear Trend On Crude Oil Futures; SchoolOfTrade.com

Today we came in to see Crude Oil has dropped like a rock through the lows in the overnight session with the US session having to chase after the move. This means you are going to get smaller moves but still quite reliable.

We saw the buyers come in and attempt to get the breakout move higher but completely fell apart as the sellers swatted them right back down looking for the lows of the day as the objective!

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