Thread: Oil
i have a question , do you need some conditions to enter the oil market or it allow any one from small traders to trade on the market , and does it have the same analyzing steps or you use some thing else beside that and what about the news can it effect on it .
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time frame- M30
price of the oil is continue in the down trend direction but hold at the daily support 102.50 level and moving up side with breaking the pivot point at 103.07 but now the rsi indicator is turn down side so price falling expected.
trade type- short
target@ 102.00
stop loss@103.80
good luck.
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oil ek acha pair hai humain is main se uis waqat acha proft hota ha jab humn is per trding kerny ki eaht ho jati hai kiun ka hum us waq\zat is ko sakjh hajatay hain jab hum isko samjhty nhi hain toh humain is main se kabio b acha proft nhi hota hai is leya humain hcya ka is ko samjh jain
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.
Pivotal Points: 65.42
Resistance 3: 67.32
Resistance 2: 66.79
Resistance 1: 65.95
Support 1: 64.58
Support 2: 64.05
Support 3: 63.21
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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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Correctional rollback moved to the downward trend on the four-hour timeframe. In southern dynamics, both the RSI oscillator line and the RVI oscillator line are moving. On the Elliott waves, the correctional wave A continues its decline in the downward drift and therefore we are waiting for the passage at the price of the 161.8 level of the Fibo correctional grid, which is the resistance level of 61.50.
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OIL market technical analysis
market trend is sell position
current market price =62.84
Resistance levels
the market could break the first resistance at =63.40
the market could break the second resistance level at =64.22
the market could break the third resistance level at =64.58
Support levels
the market could break the first support levels at =62.02
the market could break the second support level at =61.46
the market could break the third support level at =60.64
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 market technical analysis
market trend is sell position
current market price =62.84
Resistance levels
the market could break the first resistance at =63.40
the market could break the second resistance level at =64.22
the market could break the third resistance level at =64.58
Support levels
the market could break the first support levels at =62.02
the market could break the second support level at =61.46
the market could break the third support level at =60.64
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 ka 101 ke paas 1 bahut strong resistance lag raha hai...
jab tak isko cross nahi karega tab tak iski buying karna thik nahi lag raha...
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 technical analysis
Resistances and Supports level is :
Resistance level is :
Resistance 1 76.63
Resistance 2 76.78
Resistance 3 76.92
Supporting level is :
Support 1 75.70
Support 2 75.43
Support 3 75.26
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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