Oil is again in a bull market, and today it is well grown up in price, even managed to strengthen its position above the resistance level of 90.00, the next strongest level is approximately 91.90.92.00 they become targets.
Thread: Oil
Oil is again in a bull market, and today it is well grown up in price, even managed to strengthen its position above the resistance level of 90.00, the next strongest level is approximately 91.90.92.00 they become targets.
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Looks like # CL is now in a very good growth, now the price has formed a figure of a slingshot, so I think will soon be firing on the north, a rough target, think about 92 dollars ......
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Now it is very clearly visible trend line for the oil to the four hour chart, and the approach to it can safely fly, I think oil prices continue to rise to the 100.00 figure, it does not have any significant practical obstacles.
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The short term trend of the Oil is to the upside. Intraday trading range of the Oil is expected among key support at 84.10 and key resistance at 91.85. Based upon my chart analysis, I prefer to buying the Oil around 88.40 with targets 90.20 then 91.85 and stoploss with four hour candle closing below 86.95.
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The trend on the daily chart of crude oil was changed to the north, a few days the course went into the Ichimoku Cloud struck the lower limit, and thus confirmed the two signals to buy, filed earlier.
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oil ka jo ab tak trend chal raha ha is se to pta chalta ha ke ye throra low trend main ha lekn mere khayal main ye
subu tak 96 tak chala jaye ge.or up trend main jaye ga.
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Yesterday was a quick but short correction in oil, is usually done to raise the foot and go further in the direction of the trend came very quickly and now the price is again testing the upper limits ... so I think oil prices will rise ...
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