Oil

[mianli123]

WTI hold 98 (S1) line, get a strong support in the uplink, since then. Overlapping withdrawal line of the support and the January 9th -3 month 3 days rise 50%. Price break through the downlink channel limit. If you break the 200 day moving average, and conquered the 100.75 (R1), mean 3 -18 day fell just before a rising trend 50% retracement. In addition, before the power index and price trend is positive divergence, while MACD was close to the zero line, if the breakthrough, will confirm the recent trend of good.
Support: 98 (S1), 96.50 (S2), 95 (S3).
Resistance: 100.75 (R1), 103 (R2), 105 (R3).

---------- Post added 03-20-2014 at 06:09 AM ---------- Previous post was 03-19-2014 at 11:11 AM ----------

Yesterday WTI oil price shocks higher, today morning still continue this rhythm uplink quotes now 100.68 first-line wandering. Multi stage goal yesterday that we give have arrived, the rebound in oil for two consecutive days below the figure index KD has formed the cross uplink, and 4H the index keeps running reflect short-term overbought area remained strong, so the strategy we again give prices uplink guidelines, targets and 101.80 two 101.30.

[ng1985]

pair- oil
chart analysis time frame- m30



today the price is moving up and break the resistance at 99.20 level but with the rsi indicator it is overbought so some correction can see. if this is moved below the pivot point support at the 99.03 then its again down trend side. we can short with the take profit at 97.50 and stop loss 100.00

good luck.

[atifrana]

Brother apne acha thread discussions k liye start kara hai wasie me oil me trading nahi kerta me currency pairs per trading kerta hun sirf actually mjhe ziada time nai hua hai Forex trading me isi liye abi oil ya gold me trading nai kari ab tak phele me oil k mutalik knowledge or experience hasil ker k trading karo ga or is thread se kafi help miley gi mjhe.

[mianli123]

Crude oil (NYMEX) (Apr 14) on the same day: rise further.
Turning point: 97.55
Trading strategies: call in 97.55 above, the target price, 100.4, and 101.55.
Alternative strategies: put in 97.55,, the target price set at 96.8, then 95.5.
Technical comments: RSI bullish technical indicators, further upward trend.

[ng1985]

pair- oil
chart analysis time frame- m30



the up movement is rejecting from the resistance at 99.11 and moving down. this is moved below the strong support at 97.60 but its again moving up from the 97.35 level. now the price is again to resistance side. long with the take profit at 99.10 and stop loss at 97.00
good luck.

[shanhu]

Crude oil (NYMEX) (Apr 14) on the same day: pressure.
Turning point: 99.55
Trading strategy: put under 99.55, the target price, 96.8, and 95.5.
Alternative strategies: bullish, in 99.55, the target price set at 100.4, then 101.55.
Technical comments: as long as the remain 99.55 resistance, probably fell to 96.8.

[master786]

Brolx Market Update master forex {17-03-2014}

CL: Buy Above 98.45, TP 99.30/99.50, SL: 98.20

[ng1985]

pair- oil
chart analysis time frame- m30

the price is moving up side after the breaking channel pattern at the resistance side 98.40 level. this is also making a pull up setup from this support but the rsi is moving to the level 30. we can hold long position with the take profit at 100.00 and stop loss at the 97.50

good luck.

[mianli123]

Crude oil (NYMEX) (Apr 14) on the same day: pressure.
Turning point: 99.55
Trading strategy: put under 99.55, the target price, 97.55, and 96.8.
Alternative strategies: bullish, in 99.55, the target price set at 100.4, then 101.55.
Technical comments: as long as the 99.55 resistance level was not a breakthrough, the risk down to below 97.55 position is very high.

[mianli123]

WTI narrow fluctuations, fell in 98 (S1) support level near, overlapping and January 9th -3 month 3 days rise out of trend line 50% and line width expansion model 161.8% before mentioned in the commentary. If firm a breakthrough in this interval, can lock in January 9th -3 month 3 days rise 61.8% retracement line, and the extension line model of width 200%, 96.50 (S2) support niche overlap. RSI exit oversold, although the MACD is negative, but wearing a dotted line. So, before the bear market once again dominate, the possible wave upward consolidation.
Support: 98 (S1), 96.50 (S2), 95 (S3).
Resistance: 100.75 (R1), 103.25 (R2), 105 (R3).