Crude Oil End-of-Morning Day Trading Strategy using Low Volme and Seller Failure

Our end of morning trading strategy for crude oil uses the lower volume and the big drop over the past 2 days to look for opportunity to rise back up to 100.00 which is also the OPEN from earlier Friday morning.

An aggressive entry is to buy above Previous LOD at 98.50 with the stop below the 21 range trigger line (around 98.15) and then take your final target at 100.00 the big round number and the Open.

The more conservative entry is to wait for price to break above the trigger zone highs and the bear channel and then buy a pull back above the 99.00.  This will serve as proof that the sellers have failed and it will give us a more precise entry with a tighter stop loss for a lower risk, higher reward trade.