First published at 23:58 UTC on July 17th, 2018.
Double-Down Trading Strategy | Crude Oil, Emini, Nasdaq, Gold & Euro
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Double-Down Trading Strategy | Crude Oil, Emini, Nasdaq, Gold & Euro
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Learn the Patterns & Join the Trade Room with our Free Trial:
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Crude Oil is bearish with a Spike & Range ahead of contract rollover and the weekly inventory report, telling me to look for selling-opportunities using buyer-failures up above the range high tomorrow morning...
E-Mini S&P is bullish with a Spike & Range pattern, telling me to look for buying opportunities using seller-failures below the range low tomorrow morning...
Nasdaq is bullish with a Spike & Channel pattern, telling me to look for buying opportunities using traps at the “base” of the channel tomorrow morning...
Gold is bearish after a successful range breakout, but the strength of this move lower never gave the sellers an opportunity to “sell high”, so my plan is to look for that opportunity with a correction up into the ‘battle zone’ tomorrow morning...
Euro is bearish with a strong run lower, telling me to look for selling-opportunities using the high of a "hidden channel" tomorrow morning...
We had some big runs in today’s session, and the best way to find targets is to use the Double-Down technique…
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