today i like to Sell Oil @ 94.90
my stop loss @ 95.11
half take profit @ 94.60
and half @ 94.26
Thread: Oil
today i like to Sell Oil @ 94.90
my stop loss @ 95.11
half take profit @ 94.60
and half @ 94.26
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 96.24 and a low of 95.19, closed at 95.74. Today the commodity trades below the resistance line of 96.80.
Downside Scenario: If the resistance line of 96.80 holds, a decline to the levels of 94.20, then 92.80 could be seen.
Upside Scenario: Any break above the resistance line of 96.80 could mean a rise to the levels of 97.50 then 98.50.
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.
today i like to sell Oil @ 95.74
my stop loss of the day @ 96.04
half take profit @ 95.37
and half @ 95.11
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.
r3 96.05the price is try to rejected from the resistance and pivot point at the 93.85. it is making lower low so down trend. we can short this pair with the stop loss at the 94.90 and target is lower support at the 92.00
good luck
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time frame- M30
price is rejected from the 96.25 and supported at the 95.22. this level is hold its down movement. now the pivot point at the 95.72 offering a support. if this support is break then it will be move down side and move to 95.22 and lower 94.69
good luck
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Today i like to Sell oil @ 96.35
my stop loss of the day @ 96.66
half take profit @ 95.88
and half @ 95.36
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- H4
price is break the resistance and pivot point at the 95.44 and move toward the resistance at 96.90. at 96.90 we can see down movement. if price is break this resistance then up movement is continue till the 98.00 level.
good luck
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H1 is trying to stop the upward trend line and are currently attempting to break the H4 trend line break, we'll pick up in the fall. 8,807 and 8,764.
Otherwise, try to rebound. 8, 936.8, 975, once again go to the pessimists.
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.
After a failed attempt to catch the oil on a pullback, I will try once again put these tactics for the next week.
Having broken through the resistance of the descending channel and making Rehana maximum of 31 May, the oil has shown its ambition to achieve its main goal otm.97, 09 which is concurrently also the upper limit of the price range. After achieving this goal is likely rebound and even its very glubokiy.Vot then I'll catch.
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- h4
price is breka the pivot point but not able to break its resistance at the 95.20 and again move to down side. now price is again moved belwo the 94.58. if this hours candle is close below the 93.86 we can short with the target lower support at the 92.30
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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