Thread: Oil
my dear sir today of Oil is now possible to observe a converging triangle formed, the price now forms the northern wave and almost comes close to the upper boundary of the shape-resistance 94.30, also note that the triangle is bullish because the lower-lows, higher and higher, so I'll wait for the purchase of a breakthrough 94.30
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Today we've seen that Oil moved upward. Its highest position was 89.87 which is highest in the recent history. What do you traders think about its next movement? Will it cross 91.00 in recent future? Actually its movement is very fast sometimes. Need some information from the expert trader
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Oil is now possible to observe a converging triangle formed, the price now forms the northern wave and almost comes close to the upper boundary of the shape-resistance 94.30, also note that the triangle is bullish because the lower-lows, higher and higher, so I'll wait for the purchase of a breakthrough 94.30
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 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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there is no evidence that the libyaan crisis do some impact to the market......oil move wave by wave pattern by pattern the news can be manupulate and can be a rumors only...
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Oil is currently at 55.02 and in strong Bullish movement. We can Buy it at current price and take profit at 55.87 stop loss at 54.23 price levels.
Support and Resistance levels for this pair:
First Support; 54.67
Second Support; 54.36
Third Support; 54.09
First Resistance; 55.23
Second Resistance; 55.47
Third Resistance; 55.87
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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...
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Oil Technical analyse
current price Oil/ 52.95
Resistance level 1/ 53.02
Resistance level 2/ 53.06
Resistance level 3/ 53.10
Support level 1 / 52.93
Support level 2/52.89
Support level 3/ 52.85
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 is currently at 55.02 and in strong Bullish movement. We can Buy it at current price and take profit at 55.87 stop loss at 54.23 price levels.
Support and Resistance levels for this pair:
First Support; 54.67
Second Support; 54.36
Third Support; 54.09
First Resistance; 55.23
Second Resistance; 55.47
Third Resistance; 55.87
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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