responsibletrad8r

Pattern to buy Oil on thursdays low

Long
NYMEX:CL1!   Light Crude Oil Futures
There is a pattern to buy oil, gold, wheat/soybean oil ... on friday near the low of thursday.

Clear weakness on wednesday or thursday

On S&P 500 an insidebar sell triggered, holding this trade till see a higher low...

Backtests show that selling at the high of insidebars is more profitable in bear markets.

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