Oil Trend is sell
Resistance 55.88
Resistance 54.93
Resistance 53.09
1 Support 52.62
2 Support 51.55
3 Support 50.21
Thread: Oil
Oil Trend is sell
Resistance 55.88
Resistance 54.93
Resistance 53.09
1 Support 52.62
2 Support 51.55
3 Support 50.21
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The short term trend of the Oil is to the upside. Intraday trading range of the Oil is expected among key support at 87.00 and key resistance at 91.10. Based upon my chart analysis, I prefer to stay aside from the pair until we get a confirm setup for the upcoming big move.
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Today market trend is sell
Oil today my fundamental analysis
the pair price already touched daily support 2 level and above trend line.
Now the price try to move Downward.
I think the price may touch daily pivot point frokhat ki satah par hai .
so Sell 67.19%
the pivot point will be my target
stop loss will be down the support 1 level
Recomand Today Sell 89.20%
Note: Take Small Risk And Earn Dailly
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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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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
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.
we can notice from the chart that the pair has closed it's daily candle under 88 , that's mean the down trend is expected and the pair might head to 91 then 93 , however the pair made a hourly correction
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Oil Trend is down
1 Resistance level:55.87
2 Resistance level:54.95
3 Resistance level:53.03
1 Supporting level:52.69
2 Supporting level:51.51
3 Supporting level:50.22
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Oil Trend is down
1 Resistance level:55.85
2 Resistance level:54.99
3 Resistance level:53.01
1 Supporting level:52.64
2 Supporting level:51.52
3 Supporting level:50.27
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today i predicted this pair have being bUllish UP direction.
the price is break Resistance and Trend Line and it is moving UP side with having the short signal from the parabolic SAR.
the market trend could remain in this position and I expected support resistance levels.
A dot below the candles that indicates a UPward direction
in addition to that we can see a BUY signal on the MACD indicator.
I suggest to take short terms position on BUY today.
time frame that is considered while making support and resistance levels – Daily and Weekly time frame,
consider the daily economic news before taking the trade.
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Oil price shows positive trading to head towards testing
the broken support that turns into resistance at ,
as long as the price is below this level, so our bearish trend expectations 98% will remain active for today,
supported by the negative pressure 25.37% that comes from the EMA50,
reminding you that our next main target is located at sell
The expected trading range for today is between support and resistance.
The expected trend for today: Bearish
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