April 11, 2013
- in Uncategorized by schooloftrade
Thursday Morning Prep; SchoolOfTrade.com Day Trading Strategy
Do not wait to strike till the iron is hot; but make it hot by striking.
– William B. Sprague
Crude Oil Futures
are trading lower this morning off their overnight highs of 94.82. We can see this morning that Crude Oil has
completed an AB=CD Symmetrical Pattern which has provided major resistance at
the highs, and we’re looking for price to drop to support levels at 94.15 this
morning.
are trading lower this morning off their overnight highs of 94.82. We can see this morning that Crude Oil has
completed an AB=CD Symmetrical Pattern which has provided major resistance at
the highs, and we’re looking for price to drop to support levels at 94.15 this
morning.
We can see that trigger-zone resistance at 94.60
is the line in the sand for Crude Oil this morning