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
Thread: Oil
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.
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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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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.
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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
=========
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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.
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Hi traders
Today by checking the all routine of the chart and indicator I have come to know that today the market will move in down way so I suggested that today we should choose the option of sell for trading Hope you will follow me and will get more money because I posted this after checking the market carefully Good luck.
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Hi,
Is week ki trading condotion better thi,i hope next week bhi achi trade ho gi bs hmen indicators ko follow krna parega aur expert ki raye pe focus krna joga..
Good bye..
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
Pivot point, Resistance level and support level is most important to understand before trading. Resistance Level shows markit is going up so buy is best for traders and Support Level shows market is going down so it is best for sell trading.
The support and resistance level educate us for markit trading up or down so we can trade sell or buy and get huge benefit in trading.
We also know about the movement of price up and down in down because of news. News of donald trump is most important. About USA and Chaina trades.
I have also make trading about these analysis of moving averages. Parabolic SR.====
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
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
that’s according to the green color shown by the Bollinger Bands indicator determining by that the main market direction.
bullish signal is indicated from the Simple Moving Average indicator and that is by giving us buy signal.
this pair can continue bullish trend today and there is possible
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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