April 25, 2013
- in Uncategorized by schooloftrade
Crude Oil Technical Prep
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| Crude Oil 4-Hour |
Crude Oil 4-Hour:
We can see the 4-hour anchor chart is showing symmetry
resistance at 91.35 and trigger-zone resistance at 91.99 which tells us that a
5-minute candle closing above 91.99 and we’re buying pullbacks using the Entry-Trigger
Indicator. Also, a close below the 91.25
on a 5-minute candle we will be selling retracements short down to the 89.89
and holding a runner to the buy-zone 88.43. Join us HERE.
resistance at 91.35 and trigger-zone resistance at 91.99 which tells us that a
5-minute candle closing above 91.99 and we’re buying pullbacks using the Entry-Trigger
Indicator. Also, a close below the 91.25
on a 5-minute candle we will be selling retracements short down to the 89.89
and holding a runner to the buy-zone 88.43. Join us HERE.
Crude Oil
60-Minute:
60-Minute:
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| Crude Oil 60_minute |
We have tested the sell-zone at 91.61 which means that supply
has entered the market, and we will wait for the next move higher or lower to
make a trading decision. We will buy
pullbacks above 92.11 up to resistance targets at 92.50, 92.77 and 92.92. If we move lower we look for new lower-lows
and a selling opportunity to take this price down to 90.65 and 89.36 for the
runner.
has entered the market, and we will wait for the next move higher or lower to
make a trading decision. We will buy
pullbacks above 92.11 up to resistance targets at 92.50, 92.77 and 92.92. If we move lower we look for new lower-lows
and a selling opportunity to take this price down to 90.65 and 89.36 for the
runner.
Crude Oil
30-Minute:
30-Minute:
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| Crude Oil 30_Minute |
The half-hour chart on Crude Oil shows us a lot more
specifics for how we are going to make MONEY off this analysis this
morning. First, I’m looking short with a
close below the 91.25 down to the 90.65 and 90.34 support for the profit-target. Second, I’m looking long above the 92.11 up
to the 92.77 sell-zone well-overhead.
specifics for how we are going to make MONEY off this analysis this
morning. First, I’m looking short with a
close below the 91.25 down to the 90.65 and 90.34 support for the profit-target. Second, I’m looking long above the 92.11 up
to the 92.77 sell-zone well-overhead.
