May 26, 2016
- in Uncategorized by schooloftrade
Price Action Trading A Wedge Breakout On Crude Oil Futures; SchoolOfTrade.com
We came in today to see Crude Oil lifting off the lows a bit with an ascending wedge pattern going higher and buyers defending the bear moves. This then led into a HUGE breakout candle showing the buyers want it more than ever.
This gave a gorgeous move up for a push to the breakout point targets and through the $50.00 / barrel area to finish the job higher and tag the big level that everyone and their brother is watching.
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