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Time frame- H1
we can see that price is continue moving up side. we can draw a trend line with joining its lower.
the pair is giving the signal for long as gold is also falling. we can hold our long trade till 90.00 but there is must care with stop loss. if the lower trend line break at 87.75 then there is also chance that price change its trend and move in down direction.
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3 times to break the resistance area .......not much to do for it even mtpredictor give me a buy setup base on daily chart but not yet trigger.....and if today candle close as doji it would be a pause signal of the up trend
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Pair ha,,,,,,,,Oil
Trend ha,,,,,,,,,,,Sell
Resistance levels,,,,,,
1 Resistance level<<< 59.31
2 Resistance level<<< 58.50
3 Resistance level<<< 57.30
Supporting levels,,,,,
1 Supporting level<<< 55.30
2 Supporting level<<< 54.50
3 Supporting level<<< 53.30
Keep trade with discipline and patience.
Remember Always trade in the direction of the current trend, because trend always your friend. Forex Trading Is The Tree Of Money If You want Become A Millionaire So Achieve Good Knowledge About Trading.
(Best of Luck)
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oil
Today's analysis with my trading experience.
Is pair ka main trend down
he rahay ga.
Parabolic sar, MACD, Rsi,*
Pivot point, Resistance,
Bollinger Band, Moving average, H1, and
H4, ye saray indicator market
K down janay ka bata rahay
hen.
So ap is time sell men trade laga
Kr zyda earning hasal kr saktay
hen.
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Oil prices have been trading positively since the morning, past the barrier of $ 92.00 a barrel. Negative stochastic can cause some volatility and downtrend over time, but the overall trend remains bullish by providing stability above 89.60 and crude oil continues to reflect broad based sentiment trends, with WTI contracts still showing strong correlations with the S&P 500. Prices are down in Asia and remained under pressure in early European trade as profit taking pushed risk-related assets lower after yesterday's aggressive progress after encouraging results to the EU debt crisis summit
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oil kaafi time se bnahut strong chal raha tha may be because of Libiya riots..
lekin last kuch dino se oil kaafi down gaya hai..isne recently 94 ki value ko tod diya hai..
ab tak isne uptrend ka koi signal nahi diya..to lagta hai ki ye aur neeceh ja sakta hai
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Oil
Resistance level
Resistance level 1.57.987
Resistance level 2.58.316
Resistance level 3.58.538
Supporting level
Supporting level 1.57.436
Supporting level 2.57.214
Supporting level 3.56.885
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Today market analysis and trend:buy
According to indicators :-
Parabolic sar
Bollinger band
RSI
And
Moving average
Tell the about market trend up so we do trade in buy and take good profit
Forex Trading Is The Tree Of Money If You want Become A Millionaire So Achieve Good Knowledge About Trading
👍 BesT Of LucK 👍
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I predict this pair have oil bearish down direction.
the price is break Resistance and Trend Line and it is Flying Up side with having the Long signal from the parabolic SAR.
the market trend could remain in this position and I expected support resistance levels.
I suggest to take LONG position today.
time frame that is considered while making support and resistance levels – Daily and Weekly time frame,
consider the daily economic news before taking the trade.
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Oil
Resistance level
1.Resistance level 59.31
2.Resistance level 58.50
3.Resistance level 57.30
Supporting level
1.Supporting level 55.30
2.Supporting level 54.50
3.Supporting level 53.30