SubscribeOil is fed like all bulls, it has shown very strong growth in the north, after which we should expect at least the southern correction in the medium term it should be expected from continued growth in the flesh, to 90.00.
Thread: Oil
Oil is fed like all bulls, it has shown very strong growth in the north, after which we should expect at least the southern correction in the medium term it should be expected from continued growth in the flesh, to 90.00.
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Oil continued to rise today, the price is now trading above the Ichimoku cloud and the underlying trend is now north, and the price still managed to break the strong resistance level of 85.00, the purpose I think will be around the level of 90.00.
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Pivot: 83.25 Our Preference: LONG positions above 83.25 with 85.25 & 86.5 in sight.Originally Posted by zahed11
Alternative scenario: The downside penetration of 83.25 will call for a slide towards 82 & 80.85.
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Well, the bears seem to have given up the slack and the price immediately jumped very well, struck a sloping trend line and is consolidating above 82.70, so it is very possible that the north is gaining momentum, but I think so to say that oil prices are taking a return to the $ 100 mark needed first be above 86 dollars ...
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If the price closes below the back doing nothing.
If close to the M15 and only sell 86 below, do not buy. If the price closes above the back nothing
Series 85 and 86 is neutral territory, trade in real estate takes place in the personal decision and not a part of this analysis
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After strong growth in the Friday with the start of this week oil prices went south, and the correction continues to fall, but the Ichimoku displays a signal three signal lines continue to grow, to think this week will be a level of 90.00.
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Oil for further growth in the north to overcome a number of strong resistance levels around 85.00, then the goal of 90.00, the price of last week met with strong buyer, but with the beginnings of this, he has not felt.
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hehe. now today strategy Pivot: 82.00 Our Preference: LONG positions above 82 with 85.25 & 86.5 as next targets. Alternative scenario: The downside penetration of 82 will call for a slide towards 80.85 & 79.85.
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Oil today still met the buyer about the strong level of support below 77.60 which her few days in a row are not allowed, and now she even managed to break through the resistance of 82.00, the goal until 85.00.
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Crude continues to consolidate in the region of $ 79-80, and so is the situation throughout the week. In a wider perspective is a strong downward trend. We expect it to continue. The nearest resistance is at $ 80.82. His eventual testing can be a good opportunity to take a short position.
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