August 18, 2014

Crude Oil Futures Day Trading Strategy, Selling resistance back to new lows

Crude 6JJBar

Crude Oil has been dropping like a rock all morning and has now pushed to a fake-break low.

I am looking for price to rise a bit higher to sell at 93.86 as well as at 93.99 back to new lows again.

The first target will be previous structure in the middle at 93.73 with the final target at the lows of 93.53.

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