Oil

[Gamabunta]

Opens the price of oil trading today Askew upward significantly to begin attempts to penetrate the minor descending channel, which now resides at 60.45 resistance, which supports the continued projections of the total upside, where the channel mentioned represent a model aware of a continuing upward, to get the price on the positive incentive good enhances proposed positive scenario.

[junaidkhan121]

oil pay trading kerny ka maza hi kuch or hei bht achi trading hoti hei oil pay .mny kabhi nei ki lakin mery sir jo mujhy trading seekha rhy hain main un ka account use kerta hoon kam nei kerta us p sirf dekhta hoon bht ala trading hoti hei...

[Gamabunta]

Yesterday the price of oil for the minor descending channel's support level and bounced up from there, where he met SMA 50 with the mentioned support to add further support to it, while stochastic intersection begins to positively reinforcing expectations upside.

[Gamabunta]

Stabilize the trading price of oil above the level of 61.00, to build price good support base above this level, which provides further support to expectations upside on the intraday and short term, and who gets the continued support from the SMA 50, waiting for a break of 62.56 to confirm open the way towards 66.10 as a target the next major.

[Gamabunta]

We continue tipping bullishness over intraday and short-term support from the SMA 50 and recall the importance of stability above 58.18 to achieve the proposed positive goals, with reference to the negativity on Stochastic current could push the price to provide some temporary volatility side before resuming the expected bullish wave.

[Gamabunta]

The price of oil pushed up strongly yesterday to pierce the SMA 50 and close to our main first expected at 62.56, with the reminder that we are waiting to break through this level to open the way towards our main goal at 66.10 following.

[Gamabunta]

Prices continue to test the level of support at the rising trend line that moves since the height of the mid-January A break below this barrier) now when (62.49 pave the way for the 38.2% Fibonacci retracement and 60.27. Instead, move without resistance at 65.23 aims summit May 6 at 69.60.

[Gamabunta]

We note that the break 58.18 then 57.30 levels will stop the current positive scenario puts the price correction in the path of a new bearish.

[patchika]

Initial support at 95.00 (Intraday Support) followed by 92.50 (Intraday Support). Initial resistance is now at 98.00 (Intraday resistance) followed by 100.00 (Intraday Resistance)

[Gamabunta]

The price of oil conducted a test of the pivotal support 58.18 and maintains stability above it, which keeps the overall trend bullish scenario intact until now, supported by the positive reference provided by Stochastic which, waiting for a break of 59.20 to facilitate the task of targeting 62.56 then 66.10 levels in the near term.