Oil trends to bearish
1 Resistance 64.47
2 Resistance 58.93
3 Resistance 55.97
1 Supporting 53.45
2 Supporting 50.43
3 Supporting 49.35
Thread: Oil
Aj ka market ka trend hy:buy
jahan tak Mere experience aur indicators ko dekhte hoye market up side ki tarf ja ri hai
aor market Hamain buy main trade profit de gi to hmain right direction milay gi
aor Hameaha apne good epxerience se trading karen aur acha profit hasil karen
Thanks , good bye.
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Winning signals - Profit signals.
Today Target Pair - Crude Oil WTI
Today main profit zone .
56.84 - 56.98 - 57.14
Today main support zone.
56.24 - 56.38 - 56.54
Follow my trades with risk management in mind.
Always make profit - calculate the profit at month end.
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.
Crude oil price achieves more gains
Crude oil price provided additional positive trades to gradually approach our main waited target at 57.40, and the positive effect of the double bottom pattern still active, waiting for more rise on the intraday basis, as the full target of the mentioned pattern is located at 58.50.
Therefore, the positive scenario will remain valid and active unless breaking 54.60 and holding with a daily close below it.
The expected trading range for today is between 55.50 support and 58.00 resistance.
The expected trend for today: Bullish
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Time Frame - 4 Hour
Currency pair - Copper
Buy @ - 2.678
Stop Loss - 2.664
Take Profit - 2.691
Risk reward ratio - 1 : 3
The pair may go bullish and possible retracement uptrend. Buy dips sell high.
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Oil Trend is buy
1 Resistance level:64.49
2 Resistance level:58.91
3 Resistance level:55.92
1 Supporting level:50.44
2 Supporting level:46.25
3 Supporting level:43.67
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OIL
56.30
USD
−0.32 (−0.57%)
MARKET OPEN (OCT 28 05:14 UTC-4)
56.62
PREV
56.62
OPEN
45.447K
VOLUME
56.21 — 56.80
DAY'S RANGE
USOIL Chart
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.
Oil prices have the potential to continue rising today after yesterday hitting the highest level since the summer of 2015 with geopolitical risk sentiment in the Middle East especially in Saudi Arabia with the measures taken by the government to support an extension of production cuts. Also on this day investors are also waiting for a report on oil reserves from the American Petroleum Institute released at the end of trading hours that analysts expect will be a decline in oil, gasoline and refined oil reserves.
The nearest resistance level is seen at the 57.60 area, penetrating upwards from that area could trigger further upwards to the 58.00 area before targeting the 58.60 area. Meanwhile for the downside, the 57.00 area becomes the nearest support point, a break below that area should be able to reverse the trend to be bearish targeting the next support at 56.60 before aiming to 56.00.
Support level: 57.00 - 56.60 - 56.00
Resistant level: 57.60 - 58.00 - 58.60
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Oil Trend is sell
1 Resistance :64.48
2 Resistance :58.95
3 Resistance :55.91
1 Supporting :53.44
2 Supporting :50.42
3 Supporting :49.37
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.
OIL
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BARCLAYS BANK PLC IPATH SR B S&P GSCI CRUD OL
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ETN 20/11/36US FlagNYSE ARCA &
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MKT 11.61
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USD. +0.10 (+0.87%)
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LAST PRICE (OCT 25 15:50 UTC-4)
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11.61 0.00 (−0.04%)
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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