Subscribetoday 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
Thread: Oil
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.
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today i like to sell oil @ 108.44
my stop loss of the day @ 108.60
half take profit for today @ 108.00
and further half take profit @ 107.64
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 108.42 and a low of 106.14, closed at 108.16. Today the commodity trades above the support line of 106.70.
Upside Scenario: A rise could be seen the levels of 109.00, then 110.00 if the commodity remains above the support line of 106.70
Downside Scenario: If Oil breaks below the support line of 106.70, this could send Oil into the levels of 105.80, then 104.70.
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
today the price break the strong resistance at the 107.00 and moving up side with breaking daily resistance at the 107.56 but now the ris indicator is showing over bought so down movement is expected as a retracement. we can short this with the take profit at 107.00
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.
Crude oil price steady today on a stronger dollar which edged higher versus a basket of currencies as Federal Reserve Chairman Ben Bernanke pledged to keep monetary policy accommodative, but remained above $106 on falling U.S. crude inventories.
In a statement on Wednesday, Bernanke reiterated the central bank`s plan to start paring back its bond-purchase program later this year, but that could change if the economic outlook changes, weighing on commodities as the US dollar advanced.
Technically, $107.50 is key Resistance in current condition.
Break above will give $107.80 & $108.20. Prices may exceed towards $110
While for downwards, $105.00 & $104.00 is a key supports. Break will give $102.20 & $100.50
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 price traded between a high of 106.59 and a low of 105.12, closed at 106.54. Today the commodity trades above the support line of 104.80.
Upside Scenario: A rise could be seen the levels of 107.00, then 108.05 if the commodity remains above the support line of 104.80.
Downside Scenario: If Oil breaks below the support line of 104.80, this could send Oil into the levels of 103.50, then 102.60.
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.
today i like to sell oil @ 106.79
my stop loss of the day @ 107.04
half take profit for today @ 106.50
and further half take profit @105.31
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 macd indicator is giving us long trend signal with the parabolic sar indicator but the price at 106.20 will try to reject its up movement. if the price break this resistance we can long with the take profit at 107.50 and the stop loss at 105.20
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.
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