June 11, 2013
- in Uncategorized by schooloftrade
Crude Oil 60-Minute Day Trading Plan
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| Crude Oil 60-MInute Chart |
We can see
three big clues from the hourly anchor chart this morning. First, we see the bullish price-channel tells
us to buy the lows of the price-channel and take a profit-target at the
highs. Second, we see the price-wedge telling
us to buy the lows of the price-wedge and we combine that with the bullish price-channel
and we have a nice bullish 1-2-punch to get long this morning as price moves
higher. Third, we see the major support below
us at 93.98.
three big clues from the hourly anchor chart this morning. First, we see the bullish price-channel tells
us to buy the lows of the price-channel and take a profit-target at the
highs. Second, we see the price-wedge telling
us to buy the lows of the price-wedge and we combine that with the bullish price-channel
and we have a nice bullish 1-2-punch to get long this morning as price moves
higher. Third, we see the major support below
us at 93.98.
