Crude Oil - Trading levels for 4th Oct 2016 - US Session
Expecting "intraday" price action to range between 47.40 and 49.40. Use these levels to to anticipate a "correction" to the prevailing intraday trend. This is a "counter-trend" strategy.
Suggest Long @ 47.40; Stop: 15 ticks; Target: 45 ticks.
Suggest Short @ 49.40; Stop: 15 ticks; Target: 45 ticks.
Suggest Long @ 47.40; Stop: 15 ticks; Target: 45 ticks.
Suggest Short @ 49.40; Stop: 15 ticks; Target: 45 ticks.
