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.
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.
Though trading on financial markets involves high risk, it can still generate extra income in case you apply the right approach. By choosing a reliable broker such as InstaForex you get access to the international financial markets and open your way towards financial independence. You can sign up here.
The $ 88 oil level offers too much resistance for buyers. However, we see little support up to the level of $ 84.00 and therefore will not be shorted at this time. If you are short of markets, that's one thing. However, if you talk about entering it now, it's completely different. We see the potential for supportive action around this general, and because of that we are waiting to break below $ 84, or a rally that we can fade that shows some kind of weakness. It wasn't until we removed the $ 92 level that we felt was strong enough about buying to do it.
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WTI crude oil prices are trading weaker at the start of a new trading week as concerns of a potential slowdown in the global economy come to the fore once again. At the time of writing. WTI crude oil is trading around $53.63 per barrel as weaker demand weighs on oil markets.
Crude oil has also been weighed down by reports of excess supply, with Russia reporting that it processed more oil than expected despite the weakening demand, in order to compensate for the upcoming winter. OPEC and its allies had previously agreed to curb crude production by 1.2 million bpd to offset the slide in demand for oil in global markets.
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Oil Trend is buy
1 Resistance level:64.48
2 Resistance level:58.91
3 Resistance level:55.92
1 Supporting level:50.43
2 Supporting level:46.24
3 Supporting level:43.67
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Oil Analysis:
Trend; Bullish
Moving Average: Buy
Pivot Point >> 53.85
S 1 > 53.52
S 2 > 53.28
S 3 > 53.00
R 1 > 53.85
R 2 > 54.18
R 3 > 54.48
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21st October 2019
The current is : Oil
Market trend is : Bearish
#Resistance<<53.75
#Resistance<<54.63
#Resistance<<54.54
#Supporting<<53.63
#Supporting<<53.57
#Supporting<<52.32
(Forex Trading give a chance to become 👍 Millionaire 👍)
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Winning signals - Profit signals.
Today Target Pair - Crude Oil WTI
Today main profit zone .
53.79 - 53.92 - 54.02
Today main support zone.
53.33 - 53.46 - 53.56
Follow my trades with risk management in mind.
Always make profit - calculate the profit at month end.
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Today technically Market trading trend:sell
Current price aur previous price market ke down hony ka ishara de rahe hain
Resistance and Support points bhi market ke down hony ka ishara de rahe hain
SO i suggest trade for sell
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Oil Trend is sell
1 Resistance :64.41
2 Resistance :58.93
3 Resistance :55.95
1 Supporting :53.42
2 Supporting :50.44
3 Supporting :49.39
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