January 22, 2015

Crude Oil Futures Day Trading Strategy; Selling resistance back to the lows

Crude 6JJBar

Crude Oil has formed a slight fake-break low and is looking to rise a bit higher up.

I am looking to sell formed resistance at 47.69 and 47.92 back to the lows again.

The first target will be in the middle at 47.42 with the final target lower at 47.11.

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