Subscribetoday i like to buy Oil @ 92.55 to 92.75 range
my stop loss for today @ 92.37
half take profit @ 92.96
and half @ 93.40
Thread: Oil
today i like to buy Oil @ 92.55 to 92.75 range
my stop loss for today @ 92.37
half take profit @ 92.96
and half @ 93.40
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 a Key resistance line located at the level of 93.85.
- turning point is at the level of 93.85 (horizontal resistance).
-opinion: SELL below 93.85 with target points 93.35 and 90.65.
An alternative scenario: an upside breakout level 93.90 will open the way to 94.2 and 95.85.
Analysis : Even without excluding the possibility of growth, it should be noted that it continued to be insignificant.
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Grace pointed out some significant changes from the first game. The color should not lose more than 94 (94.15) to ninety 80.50 down 94.15. I have for sale a 94. All these are filling these prescriptions 100 Pips.
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It must issue, that the first gas large knee patch fixes. The most color of 94 (94.15) loses shot 94. 15 to 95. 50 of 96 all over again. I have to sell a site on 94 00. 20 and ends shortly after the 100 points.
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oil today povit 92.42 s1:90.94 R1:93.20
s2:90.16 R2:94.68
s3:88.86 R3:95.46
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Pivot levels today:
R3: 95.64
R2: 94.73
R1: 93.04
PP: 92.13
S1: 90.44
S2: 89.53
S3: 87.84
Comment: Price now is below the daily and weekly pivot levels, also it is below the 55 SMA, so more fall is expected.
Forecast: Price may fall to 89.53.
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time frame- h1
the price of oil is continue moving down side along the resistance trend line. now it is seem to hold at the 91.30 level and start to move up side. it has two resistance at the 92.32 and other resistance trend line at the 92.75 we can long oil to the target higher resistance at the 92.75
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today i like to buy Oil @ 92.63
my stop loss for today @ 92.46
half take profit @ 92.93
and half @ 93.44
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.
Pivot levels today:
R3: 96.83
R2: 95.40
R1: 94.51
PP: 93.08
S1: 92.19
S2: 90.76
S3: 89.86
Comment: Price now is below the daily and weekly pivot levels, also it is below the 55 SMA, so more fall is expected.
Forecast: Price may fall to 0.90.76.
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 chart, the CRUDE OIL managed to settle above the upside channels support which is located now at 93.10, and that allows us to suggest witnessing positive trading for today, with main target located at the bearish resistance line at 97.10
The price needs to breach the EMA50 at 93.85 and confirm with four hours close above it to reinforce the chances of continuing the bullish trend, which remains valid conditioned by stability above 93.10
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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