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Thread: Oil

  1. #1145
    Senior Member ashaab has a spectacular aura about ashaab has a spectacular aura about ashaab has a spectacular aura about ashaab's Avatar
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    The Oil continued to move upside and the bullish trend is clearly seen in the four hour chart shown above. The pair has more possibility to move upside only if the Oil breaks the 95.50 levels threatens our bullish scenario. According to my chart analysis, I prefer to buying the Oil around 96.00 with targets 96.85 then 97.15 and stoploss with hourly closing below 95.50.

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  2. #1144
    Senior Member ihab has a spectacular aura about ihab has a spectacular aura about ihab's Avatar
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    Oil achieved price rise yesterday away from the level of 96.00
    to continue the bullish trend scenario is likely to intraday and short term
    where the wait emerging targets mainly start a 97.50 and then 98.40

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  3. #1143
    Member Gerchik is on a distinguished road Gerchik's Avatar
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    on oil as it seems clear where strategically going price is attached above the resistance 95 dollars ... and the daily chart shows that the emptiness ahead to around $ 100 so you need to wait for a shot at the north ...
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  4. #1142
    Senior Member Gold is on a distinguished road Gold's Avatar
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    Oil has decided to sell, the price is too much for long beats and can not break through the resistance of 95.65, and is also prominent bearish divergence MASD on 4 hour chart and the hourly formed a sell signal, I think the first goal will be to support 94.50, at the break of 95.00 figure will add another sale.

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  5. #1141
    Senior Member samsuddin.bepari is an unknown quantity at this point samsuddin.bepari's Avatar
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    Try is gaining ground as well their own supported fifth consecutive risk show their aversion crude oil and reduces costs. The barrel ( wti ) is trading in less than $90 level spirit of cheapest price.

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  6. #1140
    Senior Member DooD is on a distinguished road DooD's Avatar
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    Continue to hold the purchase of oil, the price as I expected rebound went to the North and is now almost came close to a strong upper zone of fractals (Resistance 95.60) which I think will also be pierced, building above this mark would open next target 96.00 figure.

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  7. #1139
    Senior Member ashaab has a spectacular aura about ashaab has a spectacular aura about ashaab has a spectacular aura about ashaab's Avatar
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    The Oil continue to move upside and breaks the descending trendline, The stochastic and RSI are in extreme overbought position therefore we are waiting here to slight pull down for entering the buy trade because at this stage there is great risk reward ratio for entering the buy trade. Therefore we are stay away and waiting for pullback to enter the trade.

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  8. #1138
    Senior Member ihab has a spectacular aura about ihab has a spectacular aura about ihab's Avatar
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    The price of oil begin the new future trading for the month of March quietly where settle trades
    above the 96.00 dollars per barrel while this scenario continues upward trend

    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.


  9. #1137
    Banned princeua is on a distinguished road princeua's Avatar
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    Thank you my friends on this analysis of the oil, but oil reduce this moment is somewhat retarded and I expect to continue to go down for the rest of today and tomorrow will correct the tendency to Supreme .

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  10. #1136
    Junior Member sweeney is an unknown quantity at this point sweeney's Avatar
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    Oil price remains in a near-term consolidative mode, after spiking to 96.48 on 17 Jan. Hourly studies are aligned lower, however, downside remains well protected for now at 95.36. Conversely, any stronger retracement and penetration of 95.00 support, would risk extension towards 94.68/30, possibly to 93.50 zone.

    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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