January 4, 2016

Crude Oil Futures Day Trading Strategy Review – Buying the 2L at channel lows

Crude 1000V

Crude Oil had a huge rip higher leading into a very large bull channel moving with price.

This gave a pullback to the lows after the sellers failed to break down for a 2L back up again.

Overall this gave a move higher for 10, 29, and 54 ticks to channel resistance targets!

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