Oil

[gbp]

time frame- H1
the price is now at the resistance level. it is also making a bearish engulfing candlestick pattern with confirmation candle also. we can take a short position. this will be move to the support side at 88.20. short with the stop loss at 89.13

[vetman85]

As you see in my following attached chart, the pair was traded between a high of 88.74 and a low of 85.91, closed at 88.53. Today the commodity trades above the support line of 87.15.
Upside Scenario: If the support line of 87.15 holds, the commodity could see the levels of 89.40, then 90.35.
Downside Scenario: Any break above the support line of 87.15 could mean a decline to the levels of 86.00, then 85.00.

[Lily]

Oil has not fulfilled the northern signal (after the break of the upper fractal 88.40 price is not able to overcome the sliding sineyu alligator) - from her and there was a retreat to the north, on 4-hour chart formed a bearish candle absorption and Stochastic indicates a sell signal, the profit put at 87.00 a piece.

[Nortigo]

Oil. The price continues to form the northern waves, like the main purpose of the bulls will be the medium-term resistance -89.00 figure on it is safe to climb on the sale, or to sell on a break and consolidation below 88.50, the alternative scenario, with the strengthening of the above-purchase 89.15 to 89.80, 89.00.

[amnag]

today i like to oil @ 86.05 to 86.30 range
my stop loss of the day @ 85.88
half take profit @ 86.44
and half @ 86.81

[forexgroove]

Crude Oil (May 13) intraday: under pressure.

Pivot: 89.00
Our preference: SHORT positions below 89 with 86.3 & 85.6 as next targets.
Alternative scenario: The upside penetration of 89 will call for a rebound towards 90.2 & 91.25.
Comment: the upward potential is likely to be limited by the resistance at 89.

[noga mansour]

Pivot levels today:
R3: 91.26
R2: 90.13
R1: 88.27
PP: 87.14
S1: 85.27
S2: 84.12
S3: 82.26
Comment: Price now is above the daily pivot level, and there is a downword trend @ 1H time frame.
Forecast: If price can break the downword trend, there will be more rising to 89.79, but if it bounces, then, price may fall to 82.24.

[Murraj]

Now picture of oil looks like a wide corridor ... from the so-called lower classes have made a false breakdown of support and unfolded .. now considering purchasing intentions with the schedule that the price will rise about 89 dollars to resist .. and now there is a rollback on which you can sit in the this movement ...

[Lily]

Oil opened the sale, the price has shown a clear retreat from the oblique medium level of resistance on the hourly chart the bearish engulfing formation took place, stochastics showed a sell signal and the RSI turned south, profit is put on the local minimum 85.77, Stop - above the 88.00 figure.

[amnag]

today i like to buy oil on dip @ 86.30 and 86.05
my stop loss of the day 85.87
half take profit @ 86.47
and half @ 86.67