oil Bearish Position Today,s
Current Rate is: 71.50
Resistance 1: 71.87
Resistance 2: 72.06
Resistance 3: 72.42
Support 1: 71.16
Support 2:70.81
Support 3: 70.43
oil Bearish Position Today,s
Current Rate is: 71.50
Resistance 1: 71.87
Resistance 2: 72.06
Resistance 3: 72.42
Support 1: 71.16
Support 2:70.81
Support 3: 70.43
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oil isToday,s Bearish Trend
Current Level is : 71.51
Resistance Level is :
Resistance 1: 71.91 Resistance 2: 72.16 Resistance 3: 72.63
Supporting Level is :
Support 1: 71.11 Support 2: 70.68 Support 3: 70.43
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oil good chance going down today and strong bearish today
i think oil again go back today current price is now 71.57 today again go back and touch the price 71 or more down so trend is bearish now and you set the Take profit today at the price 71.03 possible hit this target today and the resistance level today is 71.93 this is the very strong resistance level today
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The force managed to control the movement of oil to retreat down where the oil encountered resistance and pressure sold around the level of 71.44
Given the technical indicators
Both RSI and stochastic point to lower indicators
Accordingly, we expect the oil to fall to the 69.53 level.
The alternative scenario is the decline of oil to the level of 68.52
Resistance: 70.32 – 71.44 – 72.12
Support: 67.23 – 68.52 –
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Oil today Technical analysis Bearish
Resistance and Supporting levels is :
Resistance level is
1> Resistance level is: 71.93
2> Resistance level is: 72.21
3> Resistance level is: 72.79
Supporting level is
1> Supporting level is: 71.11
2> Supporting level is: 70.89
3> Supporting level is: 70.43
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My dear Sir today's off new technical analysis #CL
Resistance level 👉 73.47
Resistance level 👉 72.63
Resistance level 👉 71.67
Supporting level 👉 69.87
Supporting level 👉 69.03
Supporting level 👉 68.07
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TODAY'S TECHNICAL LEVEL OF OIL:
Breakout BUY Level: $71.95.
Strong Resistance: $71.85
Original Resistance: $71.75.
Inner Sell Area: $71.65.
Target Inner Area: $71.55.
Inner Buy Area: $71.45.
Original Support: $71.35.
Strong Support: $71.25.
Breakout SELL Level: $71.15.
***Warning *** Trading Forex on margin carries a high level of risk, and may not be suitable for all Traders or Investors.
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 today good chance touch the 70 or more down first target is touch the price 71.13 then going down so wait some and then sell oil today and set the take profit at the price 70.43 today good chance hit the price if breaking the supporting level then go more down so today oil go down and good selling trend today ,
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TODAY'S TECHNICAL LEVEL OF OIL:
Breakout BUY Level: $71.75.
Strong Resistance: $71.65
Original Resistance: $71.55.
Inner Sell Area: $71.45.
Target Inner Area: $71.35.
Inner Buy Area: $71.25.
Original Support: $71.15.
Strong Support: $71.05.
Breakout SELL Level: $70.95.
***Warning *** Trading Forex on margin carries a high level of risk, and may not be suitable for all Traders or Investors.
Last edited by waso691; 2018-09-21 at 01:51 PM.
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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