May 19, 2016
- in Uncategorized by schooloftrade
Market Psychology Of A Major Trend Reversal On Crude Oil Futures; SchoolOfTrade.com
Today we see Crude Oil open with a HUGE gap lower into more selling pressure to really drive the market down with a lot of buy traps. This chop whipped buyers out and trapped even more in causing heavy drives lower.
Once we made it to the lows we then saw a monstrous bull candle come in that initially most sellers didn’t believe followed up with the sellers then failing into a HUGE run right back up to the highs! What a day on Crude Oil!
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