September 3, 2014

Spike And Channel Trading Crude Oil Futures; SchoolOfTrade.com


Buying the Spike and Channel lows of consolidation allowed us to bank 84 ticks this morning.
In today’s video we see Crude Oil spiking higher and fake-breaking the channel lows.


This gave us an opportunity to buy this move higher for $840 of profit! Welcome back to September!

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Simple WAVE Patterns are some of the easiest patterns around and when they set up they are typically quite strong. This morning was no exception to that and we profited nicely off of it!

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