These (2) RANGE REVERSALS Could Easily 15X on Friday!!
Wow, these charts look great tonight!
Markets are range-bound going into Friday, telling us that Breakouts and Reversals will be the easiest ways to make money…
Breakouts aren’t going to be easy, but I LOVE these (2) Range Reversals!
Emini and Nasdaq are bearish and sellers need to hold this next “rotation” lower, or buyers might get an easy “bear trap” reversal off range lows!
Crude Oil is bullish and I have (3) breakout patterns on my radar, but my favorite trade for tomorrow is this “bear trap reversal” just below range lows!
E-Mini S&P (ES):
The Emini is bearish with sellers trying to complete a rotation off the high of today’s range.
Keys to Success:
- Mixed Bias, Range Rotation, Bull Channel
- Up: Buy the Breakout, Sell Crown reversal
- Down: Buy Seller failure, Sell the Breakout
E-Mini Nasdaq (NQ):
The Nasdaq is bearish in a range, but sellers need to finish this rotation off the high or buyers are going to look for a reversal!
Keys to Success:
- Mixed Bias, Range Rotation, Bull Channel
- Up: Buy the Breakout, Sell Crown reversal
- Down: Buy Seller failure, Sell the Breakout
Crude Oil Futures (CL):
Crude Oil is bullish and looking for a retest of yesterday’s high if they can break free of today’s range.
Keys to Success:
- Bull Bias, Range Rotation, Bull Channel
- Up: Buy Breakouts, Sell Double-top Reversal
- Down: Buy Seller failures, Sell the Reversal
