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Tr8dingN3rd
Aug 15, 2016 7:48 AM

CL - Crude trading in to the resistance Short

Crude Oil FuturesNYMEX

Description

Price is in the middle of the resistance block (to the left).
From here, a rejection is very possible.

( Slanted lines acting primarily as resistance, not support! )

P!
Comments
Sonic_scheme
short target?
Tr8dingN3rd
No ST.

It's a analysis Sonic_scheme, not a signal service ;-)

Try to find out how you can play this. I can't give you advice because
- I don't know how big your account is
- I don't know your risk profile
- I don't know your trading rules (do you have some?)
- don't know your actual exposure
etc....

So, the only help i can give you besides my analysis is, brainstorm about your one strategy.
And by strategy i don't mean a trading plan - a strategy, a big picture plan for winning the war, not every battle.

GL & P!
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