January 7, 2015

Price Action Wedge Pattern Trading Crude Oil Futures; SchoolOfTrade.com

Buying the wedge lows on Crude Oil allowed us to bank a beautiful 128 ticks this morning!
In today’s video we see a Crude Oil beginning to wedge up a bit after a strong rise higher.

This gave us an opportunity to buy the test of the wedge lows and pull in a HUGE profit of $1,280 on only 2 contracts!


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Wedge Patterns are phenomenal setups when they show up and you absolutely HAVE to take them when they set up this perfectly. Only 2 contracts on the trade and we bank over 100 ticks. That shows you the raw strength of these types of setups!

 

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