Tuesday, May 24, 2016

Price Action Trading The Seller Failure On Crude Oil Futures; SchoolOfTrade.com



Today we see a very large run up with huge bull emphasis in the market. Every pullback is being bought and aggressively so. Looking for sellers to get trapped in is a great place to get in and that is exactly what we did!

We see sellers attempting to fade resistance levels at 48.42 and completely falling apart which should have them exiting the market if they are invalidated. This is exactly where we need to be getting in for the run back up again.

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