A longer term look at crude reveals a clear bear trend as long as price is below 9049. A break below 7570 would shift focus to the May 2010 low at 6717, Fibonacci extension at 5976 and channel support.
Thread: Oil
A longer term look at crude reveals a clear bear trend as long as price is below 9049. A break below 7570 would shift focus to the May 2010 low at 6717, Fibonacci extension at 5976 and channel support.
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Today Market Anlis...
time frame that is considered while making support and resistance levels – use Daily and Weekly time frame, consider the daily economic news before taking the trade.
money management is very effective for getting profits with stop loss and take profits method with current trading position.
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Market trand sell......
Pair sell ka ban gya hai market kafi up hoii hai and ab
down ki traf movement kar rahi hai so main ye suggest karun ga k humain
market sell ma laga daini chaiya Q k trand sell ho raha Hy..
Good Luck.👍👍☺️☺️
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Forex forum is the best forum in the world.it provide us facility to earn good profit by trading on it.
I have also use this forum for invest money and make trading to earn good profit.
I have used to indicators RSI and Zigzag for signal of trading than I have made trading and earn good profit.
Note: Always follow the making experienced with others having great knowledge about trading...
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.
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.
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
Definition of Oil by Merriam-Webster
Noun The price of crude oil is expected to rise. ... These example sentences are selected automatically from various online news sources to reflect current usage of the word 'oil. ' Views expressed in the examples do not represent the opinion of Merriam-Webster or its editors.
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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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Today Market 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
Isliye hum ko sell main trade laga deni chahiye
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OIL is showing the bullish movement from last two days but yesterday it showed the rejection on four-hour time frame and I think now it will reverse and start the bearish movement but we should not be so sure about that because the fundamentals are supporting more rise in this pair. So, let's wait and I hope we will have clear picture this week.
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Long term movement pivot, Resistance and support levels are as follows for today date.
Current market price is at - 52.16
This currency name - Crude Oil WTI
Resistance and Target - 52.44
Support and Stop Loss - 51.88
Always follow Long time frame market trend.
Signal is Sell.
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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