i am going to sell oil @ 92.97
my stop loss of the day @ 93.13
my half take profit of the day @ 92.82
and half @ 92.62
i am going to sell oil @ 92.97
my stop loss of the day @ 93.13
my half take profit of the day @ 92.82
and half @ 92.62
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Pivot levels today:
R3: 94.86
R2: 93.23
R1: 92.42
PP: 90.80
S1: 89.96
S2: 88.32
S3: 87.51
Comment: Price now is above the daily and weekly pivot levels, and also it is above the 55 SMA, so more rising is expected.
Forecast: Price may rise to 94.88.
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Crude Oil forward: further growth.- Pivot at 90.30 (below the blue slip).- Preference: a breakthrough 92.00 with targets 92.40 and 93.00.Alternative scenario: The downside penetration of 90.3 will call for 89.3 and 87.8.Analysis: Do not even ruled out the possibility of continuing consolidation, it should be noted that it will be negligible.
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Oil is now worth catching southern lights out on the daily chart clearly shows that the price went up to 200 moving around which is also horizontal resistance 92.00 figure, around these levels are already noticeable full stop, on 4-hour chart MASD showed a sell signal, the goal-89.40.
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Oil ka 101 ke paas 1 bahut strong resistance lag raha hai...
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Main ye thread OIL ke discussion ke liye bana raha hain.
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i thik ka oil treade best hay ya market main boght storng hay
mager kuch din say oil market say down hoia hay,,,
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time frame- H4
the price of oil is braked the resistance trend line but making a hammer pattern it this hours candle is close below the 91.30 we can take short position and the stop loss is fibo 78 level at 92.75 the take profit is 89.50
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Crude Oil (Jun 13) intraday: bullish bias above 90.3
Pivot: 90.30
Our preference: LONG positions above 90.3 with 92.1 & 93.4 in sight.
Alternative scenario: The downside breakout of 90.3 will open the way to 89.3 & 87.8.
Comment: the immediate trend remains up and the momentum is strong.
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i am going to sell oil right now @ 91.90
my stop loss of the day @ 92.05
my take profit of the day @ 91.55
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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