Oil

Today market trend:Sell

Resistance and Support points also given has signal of market down

Technical indicators and Moving average se bhi market down hoti nazar aati hai

Agar ap profit hasil karna chahte hain to sell ki trade laga dein

Time Frame - 4 Hour
Currency pair - Copper
Buy @ - 2.640
Stop Loss - 2.625
Take Profit - 2.655
Risk reward ratio - 1 : 3
The pair may go bullish and possible retracement uptrend. Buy dips sell high.

Crude oil price made a new test to 54.60 level and bounced lower from there, keeping the bearish trend scenario valid and active on the intraday basis, and the price needs to surpass the EMA50 to ease the mission of achieving our waited initial target at 51.80.
Note that surpassing the mentioned target will push the price to 50.00 barrier directly, while breaching 54.60 will stop the expected decline and leads the price to achieve extra gains that reach to 57.40.

The expected trading range for today is between 51.80 support and 54.60 resistance.

The expected trend for today: Bearish

Oil

cfds on crude oil (wti)

53.31

*

usd

*

−0.36*(−0.68%)

market open*(oct 21 07:14 utc-4)

53.68

prev

53.68

open

93.107k

volume

53.17*—*54.02

day's range

Today market analysis and trend sell
Analysis Oil
I use scalping strategies on this currency pairs so I
prefer the short time that is the timeframe M15 and M30,
that's position market then also there are some indicators
that I use as the Bollinger Bands is BREAK LOW, ADX
is DOWN TREND 81.93%, Stochastic is BREAK HIGH.
market touch resistence 3rd level and move down
then I strongly encourage you to order SELL

price now is 97.13

Price Facing The 96.50 Strong support
, If 4h Candle Close above It , We Can See 98.15 As First Traget
. If Close Again down This support 98.15 , We Will See 99.80 As 2nd Target ,

bhai jan oil par trading karna bhi acha ha agar hamain oil par bhi trading karni chahiyea or oil par trading jab kary jab market main oil ka ret up hony ka chance ho tab oil ki trading karaingy tu hamain oil sa bhi kafi profit mily ga or main jahan tak samajhta hon jahan jis mulk main sardi ziyada ho tu us mulk main oil ki trade lagaingy tu profit mily ga.

OIL
BARCLAYS BANK PLC IPATH SR B S&P GSCI CRUD OL ETN 20/11/36US FlagNYSE ARCA & MKT
11.03
USD
−0.05 (−0.47%)
LAST PRICE (OCT 18 13:28 UTC-4)
10.98 −0.05 (−0.45%)
PRE MARKET (13:28 UTC-4)

11.08
PREV
11.14
OPEN
5.316K
VOLUME
10.98 — 11.15

Originally Posted by arihant
now dont sell oil as i think it will give some correction, but sell after it touch 97 or 08 and make good profit, by the way what was ur lot size. pls tell me
thanks bhaijaan main bhi soch raha tha ki ab 2-3 din oil me trade na karu aur iska movement tracxk karu badme hi kuch position open karu profit ke liye

Oil
cfds on crude oil (wti)
52.96
usd
−0.71 (−1.33%)
market open (oct 21 10:29 utc-4)
53.68
prev
53.68
open
177.581k
volume
52.70 — 54.02
day's range