January 20, 2012

crude oil day trading strategy using double-top support

We’ve been watching this sloppy price action all morning on crude oil, and we’re finally seeing our patience pay off.  We knew the day would likely end exactly where it started and the price wedge, along with the double top support levels give us plenty of reason to think this thing will hit that 100.00 before the end of the day.

Lets see if we can finish this OPEX Friday with a big confidence boost into Monday morning’s trading!

Crude Oil Trading Strategy says to buy at 98.15

    schooloftrade

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