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Price Action Trading The Strength Pullback On Crude Oil Futures; SchoolOfTrade.com
Today we opened up Crude Oil to find a VERY strong bull trend right from the open with buyers trapping almost every bear attempt down and buying into it for rallies right back up to the highs with continuation movement.
This gave us big clues to look to buy any strong attempt from sellers as it will much more likely be a trap than a move that actually works. This gave us a gorgeous fade right back to the highs with very small risk!