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Price Action Trading The Market Mistake On Crude Oil Futures; SchoolOfTrade.com
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Today we came in to find Crude Oil falling off the highs but only after it had already risen higher forming somewhat of a multi-trend type day that could easily end as a range if they aren’t able to hold the strength for the sellers.
They were unable to hold causing a pop higher showing the market viewing the attempt down as a mistake and this will likely look for a large correction in the opposite direction if this was the case!