May 28, 2013
- in Uncategorized by schooloftrade
Crude Oil Anchor Chart Analysis
Crude Oil 15-Minute |
Crude Oil 15-minute
anchor chart prep shows us the resistance overhead in the form of symmetry, price-channel,
and a trigger-zone from the major swing-high down to the major swing-low. We know this price-action appears to be
strong and bullish this morning, so we need to see a 5-Minute candle close above
the 95.38 if we want to buy this morning.
The high-percentage-trades will occur if the sellers can take back
control and bring prices back down. We
would LOVE to see a selling opportunity this morning after seeing prices rises
overnight into resistance.
anchor chart prep shows us the resistance overhead in the form of symmetry, price-channel,
and a trigger-zone from the major swing-high down to the major swing-low. We know this price-action appears to be
strong and bullish this morning, so we need to see a 5-Minute candle close above
the 95.38 if we want to buy this morning.
The high-percentage-trades will occur if the sellers can take back
control and bring prices back down. We
would LOVE to see a selling opportunity this morning after seeing prices rises
overnight into resistance.