Forex Trade Signals and Setups Nov. 17th

Chris Capre - Price Action Trading Nov 17th

Oil – Getting Hammered

Commodities have broken down across the board with Oil leading the way.  After a massive uptrend and reaching $103 a barrel, it formed an outside candle which has seen the commodity almost $5 in the last 12hrs.  We do not expect any bulls to be excited about getting in at the moment, and we anticipate further losses, will pullbacks to the $99.50 and $100 region capping rallies so look for price action clues for your entries.

 

We just published a new training video on advanced price action forex trading.  To learn more, click on the link.

 

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