Tuesday, September 6, 2016

Price Action Trading The Crude Oil Futures Wedge Breakout; SchoolOfTrade.com

Today we came back from the nice holiday weekend to find Crude Oil going a bit nuts during the EU session. Volume was massively higher than normal as well allowing for some very nice move potential leading into the small ascending wedge.

The wedge broke down VERY aggressively looking for sellers to push into the move and follow through with continued bear movement lower to their targets at the low of day!

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