i thik ka oil treade best hay ya market main boght storng hay
mager kuch din say oil market say down hoia hay,,,
Thread: Oil
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
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In my opinion with dealing items, in addition to fat I've got noticed that this driving a car power of which adjustments most of these thing is usually standard research. We need to be nearby the announcement in the event we would like to do well with the usage of this strategy.
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: 91.54
R2: 90.46
R1: 89.92
PP: 88.84
S1: 88.29
S2: 87.22
S3: 86.67
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 91.96.
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Crude Oil-trend remains bullish, the turning point is at 88.55, preference: Long positions above 88.55 with targets and 90.6 92.1.Alternativny scenario: The downside breakout of 88.55 will open the way to 87.8 and 86.6.Analiz: The RSI above the neutral level of 50%.
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time frame- H4
the price is break the resistance at the 88.60 and moving up side. it is now at the resistance trend line and here we can also see the fibo level 50.00 so some down movement is expected. we can short this pair if the price is close below the 88.50 with the target 87.50
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Oil has started growing again in the north, now the price has overcome an important and strong resistance mark-89.00, now oil went up to 90.00 figure if she can become stronger above it is open 91.20 and 92.40 in the long term (200 MA), just south of considering the breakout 89.00.
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Oil going on 98, i hope it will increase and gonna reversal for 100, then 105 and it gonna touch 100 in coming days but after some correction, and you must be hopping
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