Subscribetoday i like to buy oil @ 107.15
my stop loss of the day @ 107.00
half take profit for today @ 107.30
and further half take profit @ 107.46
Thread: Oil
today i like to buy oil @ 107.15
my stop loss of the day @ 107.00
half take profit for today @ 107.30
and further half take profit @ 107.46
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 trading around $106.00 level as investors await United States` crude inventory data for more clues on the outlook for demand in the world`s largest oil consumer. Downside pressures on oil prices mounted after the weaker-than-expected U.S. economic data raised concerns over growth.
Technically, $106.00 - 105.44 is a caution levels for Oil.
Break below will indicate more downside pressure towards $104.80 - 60 & $104.00
For upside, $107.35 is a turning point. Trade above $108.20 & $108.80 again.
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.
As you see in my following attached chart, the crude oil traded between a high of 108.59 and a low of 106.49, closed at 106.99. Today the commodity trades below the resistance line of 107.40.
Downside Scenario: As long as the resistance line of 107.40 holds, a decline to the levels of 105.05, then 104.00.
Upside Scenario: If the commodity penetrates above the resistance line of 107.40, the levels of 108.50, then 109.40 could be seen.
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.
time frame- M30
the price is having down trend with the macd indicator and parabolic sar. but in the price chart it has a good holding support at the 105.90 level. price will move up side with this support. the rsi indicator is also move above the over sold level 30. we can long this with the take profit at 107.30 and stop loss at the 105.50
good luck
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.
today i like to sell oil @ 106.96
my stop loss of the day @ 107.24
half take profit for today @ 106.80
and further half take profit @ 106.60
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.
As you see in my following attached chart, the price of the crude oil traded between a high of 108.29 and a low of 107.21, closed at 108.21. Today the commodity trades above the support line of 107.40.
Upside Scenario: A rise could be seen the levels of 109.00, then 110.00 if the commodity remains above the support line of 107.40
Downside Scenario: If Oil breaks below the support line of 107.40, this could send Oil into the levels of 106.10, then 105.20.
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.
time frame- h1
the price has been break the strong support trend line at the 108.39. the rsi indicator is also turn to the down side move below the 50 level. this has a support at the 107.40. and if this support is break then it will be falling to the 106.50. short this pair with the take profit and stop loss at the 108.90
good luck
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.
today i like to sell oil @ 108.16
my stop loss of the day @ 108.00
half take profit for today @ 108.36
and further half take profit @ 108.70
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.
time frame- H1
the price has been break the resistance at the 108.30 level and the macd indicator is showing us up trend signal but the rsi indicator is also at the over bought level side. so down movement is expected. we can short this with the take profit at 107.60 and stop loss at the 190.50
good luck.
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 spite of everything continues its rapid growth, today the pressure of the bulls could not resist month high 107.50, after a little rest in the price of sideways consolidation and just start again to resume growth in the north, it seems the bulls set their sights on 110 psychological level.
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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