Oil

[ng1985]

pair- oil
time frame analysis- m30



the up movement of the price is making correction from the resistance at 60.70 level and hold at the daily pivot point at 59.57 level. if this movement is moved below the 59.20 then short with profit target at 57.60 and stop loss at 61.00
good luck.

[Gamabunta]

Swirling the price of oil on the level of 58.18, shows a narrow trading since the morning, while still price stuck between the central levels, which owns the following direction keys, which is the support 58.18 and resistance 59.50, and as we pointed out in the morning, the price needs to break through one of these levels to determine the next destination more accurately , which makes us neutral and continue to observe the pair for the levels mentioned.

[Gamabunta]

It bounced trading price of oil up strongly after approaching the support of minor descending channel shown in the image, and begin trading today more positive to settle above the level of 58.18, which provides an initial signs of attempts to stop the pressure correction downward and then return to the path of year rookie again, where affected price positively Stochastic.

[Gamabunta]

We will continue the downward trend tipping the price was not able to breach of 58.18 and stability above it.
Expected trading range for today between 56.00 support and 59.70 resistance range

[Gamabunta]

The price of oil approached to re-test 58.18 level and falls back down from there, which supports the continuing bearish correction is expected on the intraday basis, which targets start at 55.50 and may extend to 53.30 in the event of price managed to break the previous level.

[Gamabunta]

SMA 50 is a negative pressure supports price move inside the bearish channel shown in the image, indicating that the breach of 58.18 will provide a positive incentive for an initial important supports attempts to regain the upside again, while a break of 59.70 positive factor most important to confirm the stop pressure corrective bearish current.

[booba92i]

especially in the event that the price of achieving the four hour closing below the mentioned leve... the positive scenario than expected in recent stop our reports and put under price pressure downward correction again,

[Gamabunta]

The price of oil ended yesterday's trading below the level of 58.18, the positive scenario than expected in recent stop our reports and put under price pressure downward correction again, to target the following correction that resides at 55.50 as a major goal the first level.

[ng1985]

pair- oil
time frame analysis- m30



the price is moving in the triangle chart pattern with having resistance at the pivot point 57.96 level. it is break the support at 57.45 level and may moved to the lower support at 57.00 level. short with profit target and stop loss at 58.00
good luck.

[Gamabunta]

Trading US oil in the bearish channel and is trading now at the lower trendline her and after he achieved the targets selling the price now configure a breakthrough price reached a positive supports climb to the top, so in case of the emergence of a candle reflectivity strong can be accessed with the purchase of supported breakthrough's price to target the resistance levels 59.15.