June 13, 2014

Crude Oil Futures Day Trading Strategy; Selling the WAVE to new lows

Crude 6JJBar

I am watching Crude Oil fake break the highs at the BMT cloud and now push lower into a 123 reversal pattern.

I am waiting for price to retrace back to sell at 106.73-106.77 as well as if it goes higher to sell at 106.82-106.89.

The first target on the way down will be the initial swing at 106.57 as well as the projection target lower at 106.37.

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