July 14, 2016
- in Uncategorized by schooloftrade
Price Action Trading The Range Breakout Failure On Crude Oil Futures; SchoolOfTrade.com
We started off the day with a bit of a slower tempo than the last week with price moving mostly in a range sentiment with weak trends forming, but not sticking around for very long. This gave us clues to look to buy low and sell high and stay out of the middle.
We had the sellers attempt a breakout lower of the range which failed and made it look likely the buyers were going to take it but they also failed. This will have trapped a TON of buyers in for a stop run back to the lows once again!
===========================================================
Test-Drive our Advanced Membership Click here to register for the Free Trial!
Are you a Crude Oil Trader? Click here to trade Crude Oil
Are you a Euro Trader? Click here to trade Euro
Are you an E-Mini Russell Trader? Click here to trade E-Mini Russell
Are you a Gold Trader? Click here to trade Gold
Join the Premier trade-room as an Advanced Member
