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Market Psychology Of A Range Breakout On Crude Oil Futures; SchoolOfTrade.com
Today on Crude Oil we started off with a range right out of the gate with buyers buying low and sellers selling high looking for the moves to fail back into the range.
We then had a HUGE breakout move up showing buyers mean business and are likely going to control the short term before seeing it fall back down in with the news and playing it on both sides for some awesome movement!