October 14, 2014

Price Action Trading The Spike and Ledge Pattern On Crude Oil Futures; SchoolOfTrade.com


Selling the Spike and Ledge Pattern allowed us to bank a hefty profit of 123 ticks this morning!
In today’s video we see Crude Oil catching a nice push up but failing to continue and forming the Spike and Ledge Pattern.

This gave us an opportunity to sell the breakdown of it for a profit on the trade of $1,220!

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The Spike and Ledge Pattern is a VERY strong pattern when it shows up and should not be ignored! This trade shows exactly why as it can make you some SERIOUS bang for your buck!

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