March 21, 2016

Buying the trap low pullback on Crude Oil Futures; SchoolOfTrade.com


Buying the major support pullback this morning gave us a gorgeous run higher for 156 ticks!

In today’s video we see the Crude Oil Futures pulling back down into a huge area of support we were tracking in the chat room.

This gave us an opportunity to buy the bounce as well as get a limit pullback for $1,560 on the trade!

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Price Action Trading is all about knowing the day type and knowing how to trade it at the right place at the right time. Major areas of support and resistance and key levels are always something to keep an eye on and when they hold this well, you just simply CAN’T ignore it!

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