Measuring and Trading a Traditional Bull Flag in Crude Oil
In this video, you’ll learn how to identify, measure, and trade a bull flag, which can help you identify and trigger highly confirmed momentum trades.
How to Execute a Flawless, Low-Risk Trade
In this article, I’m going to explain how you can easily execute flawless, low-risk trades in any timeframe, which can be applied to any market by any trader. You’ll also get a great glimpse of the style of analysis that I provide our Premium Members each day, as I outline key levels and trade recommendations for various markets, with precision entries and targets for each session.
Swing Reversal Setup in COT
COT is forming a swing reversal setup off double-top resistance at 10.60. Bears are defending prices at 10.50, with targets at 9.82 and 9.60.
PB ADR Scan: BRCD
The PB ADR Narrow Range scan brought this opportunity to my eye. BRCD has traded just 51% (.39) of its average 4-day range of .76, which implies significant expansion could be ahead. Price is sitting on support at 10.80. Bulls want to defend 10.80 for a return to 11.90 and 12.90. Failure to hold 10.80 opens up a move into 8.90 – 9.00.
Dissecting Crude Oil’s Big Day
Crude Oil had a huge day Friday, boasting a 4-point trading range and even had some after hours fireworks. Here’s a look at what happened to cause the rally into 48, in addition to a look at the footprint and VPOC cues that helped identify late-day weakness.