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.
Thread: Oil
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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My analysis of Oil
Parabolic is :sell
Pivot point:65.47
Resistance and Supporting level :
1.Resistance level is :62.98
2.Resistance level is :63.20
3.Resistance level is : 63.35
1.Supporting level is : 62.77
2.Supporting level is : 62.60
3.Supporting level is :62.48
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Oil
Today market is off
It will be opened on the Monday
I think
It will be go down
And sellers earn more money than buyers
.
Good luck
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Oil
Resistance and Supporting
Resistance 1 - 73.65
Resistance 2 - 73.80
Resistance 3 - 73.92
Supporting 1 - 72.24
Supporting 2 - 72.76
Supporting 3 - 72.49
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Today analysis for Oil
This pairs R and S is:
Resistance
#1 Resistance 64.70
#2 Resistance 64.89
#3 Resistance 64.36
Support
#1 Support 63.61
#2 Support 63.40
#3 Support 63.27
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we can see that price is continue moving up side. we can draw a trend line with joining its lower.
the pair is giving the signal for long as gold is also falling. we can hold our long trade till 90.00 but there is must care with stop loss. if the lower trend line break at 87.75
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Oil Technical analysis:
Level of Support
1. Support 62.62
2. Support 62.50
3. Support 62.31
Level of Resistance
1. Resistance 63.77
2. Resistance 63.65
3. Resistance 63.90
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Dosto aapne Dekha Hoga ke Friday Wale Din oil Kafi start Main To morning time Uttar Gaya Neeche Piya Ya FIR Upar Gaya lekin aap Jante Hain ki behan ke sath is ka Talab bahut pyara hai aur aapne Dekha Hoga ke London section Jab start hua tu chala gaya to isliye oil bhi Upar Chala Gaya aur daily time frame a Bullet Standard dikha raha hai to mai aapko Yahi kahunga ke Max next week is going up
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Last 2 din ki candel ke hisab se lagta hai ki oil ka trend thdoa down side chal raha hai
94 ke as pas iska 1 chota sa support hai..i think oil 94 tak jayega uske bad uptrend me jayega
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Oil Resistance + Support
Resistance UP
1> Resistance 73.41
2> Resistance 73.78
3> Resistance 73.90
Support DOWN
1> Support 72.60
2> Support 72.37
3> Support 72.14
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