SubscribeOil Today,s Bullish Trend
Current Level is : 71.73
Resistance Level is :
Resistance 1: 72.16 Resistance 2: 72.55 Resistance 3: 72.88
Supporting Level is :
Support 1: 71.41 Support 2:70.98 Support 3: 70.46
Thread: Oil
Oil Today,s Bullish Trend
Current Level is : 71.73
Resistance Level is :
Resistance 1: 72.16 Resistance 2: 72.55 Resistance 3: 72.88
Supporting Level is :
Support 1: 71.41 Support 2:70.98 Support 3: 70.46
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Resistance lever and Support lever /
current price Oil; 71.79
Resistance lever 1 ; 71.86
Resistance lever 2 ; 71.94
Resistance lever 3 ;72.06
Support lever 1; 71.65
Support lever 2 ; 71.54
Support lever 3 ;71.43
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current lever is Oil; 71.74 buy strong
resistance lever 1/ 71.82
resistance lever 2/ 71.90
resistance lever 3/ 71.99
support lever 1/ 71.61
support lever 2/ 71.50
support lever 3/ 71.46
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in trading and i say do analysis with proper recommendations and possible scenarios that will make your journal to look good. eurusd looks best choice of traders but in reality not a easy pair. mostly people also trade in gbpusd as well so i say do analysis on both as both pairs have great link with currencies like both have usd and euro has relation with pound currency and technically both trades follow same trend and also i say do follow major market trend and which you can check with EMA200 or with the help of candlestick patterns
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January futures price of WTI rose to 88.13 dollars a barrel on the New York Mercantile Exchange. Futures rose by 0.8 %, after U.S. President Barack Obama made a new proposal as the solution of avoiding the
“fiscal-cliff” and House Speaker, John Boehner was able to change his opinion on the higher tax rates for high-paid employees in order to make a step towards the accomplishment
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Continue to hold the sale of oil, the price yesterday was able to break through the strong support level of 89.46 and then fell further south, my goal has not worked I expect deeper southern waves inclined to think the medium-term level to endure all the more so for 4 hour chart continues practiced southern signal MASD.
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Well, I was looking at the WTI crude oil chart when I noticed that crude oil has completed 61.8% retracement at $71.85 and now it’s trading right below this level. The same level worked a pretty strong support on Thursday before it got violated on bearish EIA report.
Crude oil is testing 20 periods EMA which is providing a solid resistance to $71.85.
Crude oil has formed a shooting star candlestick pattern right below the major resistance level of $71.85.
The Stochastics is also trading in the overbought zone. Which means, we may see bulls getting out of the market now.
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Oil ki market ki kuxh samjh nh aa rhi market kbi up h to kbi down so soch smj kr trade lgani chahye es k bary kuxh kaha nh ja skta agr kisi ko experience zyada ye to kindly reply me on this post k trade buy ki lgani chahye ya sell ki
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nterestingly, the initial reaction of crude on better than expected US labour market data (Initial jobless claims dipped below 400 thousand for the first time since April this year) was to the downside as the news had supported the US dollar.
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My dear Sir today's off my technical analysis is support and resistance level off #CL buying strong to⤴
Resistance level◀◀73.47
Resistance level◀◀72.74
Resistance level◀◀72.12
Supporting level◀◀70.77
Supporting level◀◀70.04
Supporting level◀◀69.42
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