Tuesday, August 16, 2016

Price Action Trading The Crude Oil Target Zone; SchoolOfTrade.com

We came in today to see that Crude Oil has slammed higher overnight into its target area we were looking for in the nightly newsletter. This saw immediate pressure off of it in the early morning session and several tests of it after.

Once we saw continued failure off of this area during our trading times, we had a great opportunity to sell back down knowing buyers were taking profit off at this level causing a drive back down in price to support!

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