May 28, 2013
- in Uncategorized by schooloftrade
Crude Oil Day trading strategy up-date
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| Crude Oil 15-Minute |
Crude Oil has
traded ALL the way up to the highs of the price-wedge, the price-channel, and
testing the symmetry resistance area. We
have been cautious buying pullbacks on the way up, and now we’re looking
forward to an easy price-reversal and selling opportunity to get short at these
highs. We will take a profit-target at
94.73 and leave a runner profit-target for 94.07 all the way to the lows. Remember, we want to buy the lows of this
bull price-channel, so we can get long as soon as we get the price-reversal at
the 94.07 area.
traded ALL the way up to the highs of the price-wedge, the price-channel, and
testing the symmetry resistance area. We
have been cautious buying pullbacks on the way up, and now we’re looking
forward to an easy price-reversal and selling opportunity to get short at these
highs. We will take a profit-target at
94.73 and leave a runner profit-target for 94.07 all the way to the lows. Remember, we want to buy the lows of this
bull price-channel, so we can get long as soon as we get the price-reversal at
the 94.07 area.
