Thread: Oil
Today market trend is: Perfect for ßuy
All indicators tell us about market up so we want do the trading in buy
Resistance and Support points going for up
Always before trading see the trend of market and then do the trading
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Keep confidence own you and learn about Forex trading for become a expert trader
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Today i am going to discuss this pair..
results of analysis of using daily pivot point calculations
I see this pair still in strong bullish movement . If this pair keep moving to up side , I predict this pair will reach to the next resistance level,
maybe this pair will make some correction to the next high level.
Up trend is indicated from the Simple Moving Average and Bollinger Bands indicator . BUY position is better choice now, you can set target profit level
35 pips from current price
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hai yeh pair ,
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oil should be marking out the first leg of a larger correction. Shoud fade over 94(94.15) below 94.15 for 92.50 again before 96.00. I have selling position in 94.25 and will closed after 100 pips profit.
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reubenroyal
17 hours ago
On the Monthly chart, we have a movement from the bottom support zone to the mid-range support zone. Weekly chart we have clear successive upward impulses and now we have exhaustion down to a daily and 4H buy zone. 4H chart I see a bullish channel and a bounce off of the 4H and daily support zones for a long opportunity.will open Sell in marked Zone! Reasons: - the price is under Historical Key Level 1.45460 (3,5-Years High); - the chart shows to us the start of a global bearish trend; - H1 timeframe is forming H&S pattern: - potential profit will be in 5...10 times bigger than risk. Dear followers, the best "Thank you" will be your likes and comments! Before to trade my.
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OIL trend is sell
Pivots Point: 24.75
1 Resistance level is 27.17
2 Resistance level is 28.67
3 Resistance level is 31.08
1 Supporting level is 22.34
2 Supporting level is 20.84
3 Supporting level is 18.42
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Pivot point, Resistance level and support level is most important to understand before trading. Resistance Level shows market is going up. so buy position is best for traders
the cost is break Obstruction and Pattern Line and it is Flying Up side with having the Long signal from the explanatory SAR.
the market pattern could stay in this position and I expected help opposition levels.
trader can trade according market situation and earn good profit everyweek.
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.
reubenroyal
17 hours ago
On the Monthly chart, we have a movement from the bottom support zone to the mid-range support zone. Weekly chart we have clear successive upward impulses and now we have exhaustion down to a daily and 4H buy zone. 4H chart I see a bullish channel and a bounce off of the 4H and daily support zones for a long opportunity.will open Sell in marked Zone! Reasons: - the price is under Historical Key Level 1.45460 (3,5-Years High); - the chart shows to us the start of a global bearish trend; - H1 timeframe is forming H&S pattern: - potential profit will be in 5...10 times bigger than risk. Dear followers, the best "Thank you" will be your likes and comments! Before to trade my.
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.
my technical analysis and some opinion about this pair
I using technical analysis. pivot point is the point in which the market sentiment changes from bearish to bullish.
support and resistance calculations give good signal for bullish.we can see a Buy signal on MACD indicator.
major low levels also known as supports -Buy the pair long term
major high levels also known as resistance - Buy currency pair long term
take Long position can give profit today.
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.
OIL
BARCLAYS BANK PLC IPATH SR B S&P GSCI CRUD OL ETN 20/11/36US FlagNYSE ARCA & MKT
4.05
USD
−0.16 (−3.80%)
MARKET CLOSED (APR 17 15:59 UTC-4)
4.21
PREV
4.02
OPEN
15.219M
VOLUME
3.96 — 4.14
DAY'S RANGE
=========
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.
maybe this pair will make some correction to the next high level.
I predict this pair will reach to the next resistance level,
Up trend is indicated from the Simple Moving Average and Bollinger Bands indicator .
using multiple time frame analysis will gives you a clearer view of the market and increases chance to making profit.
we must have a good strategy to get consistent profits ,
choose a strategy base on your trading style and increasing your knowledge everyday.
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.
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