Challenging Day Reveals Great Trade Opportunities
The euro futures are trading sideways at the highs of the trading range from earlier this week so we have 2 options.
- Buy the breakout above 78
- My final target will be the trend line (blue) overhead around 90’s
- Sell short with reversal pattern below 54.
- Profit targets of 45, 35, soft 20 and hard final target of 3805
Euro Futures Day Trading |
Crude Oil Futures:
1100am EST
– The markets are VERY slow right now so use extra caution
– Crude oil futures making new swing highs, but still very slow.
– Best option is for the breakout to the long side with entry above 17
– We just saw the attempt to break above 14, but it never triggered, so watch speed and momentum at the time of entry to confirm.
– Profit targets of 27, trend line, soft 75, and hard final target of 84.00 big round number.
Crude Oil Day Trading |