Correction Triangle Development

FX:UKOIL   CFDs on Crude Oil (Brent)
92 0 2
A small range trading last week, the low side 45.15 lower than 45.50 what we expected last week. But weekly closed was in our predicted range. After 2016/06/09 created a 10 months high price-from 2015/10/13 to 2016/07/22 at 52.83 per bbl             (The highest price of 2016), for one and half month, the current Brent Crude Price is forming a triangle correction. Current price under 5 days, 10 days, 20 days, 50 days moving average. MT50>MA20 > MA10>MA5. The fourth time Price test 300 MA(Low). Correction target sound like aim at 45.10 (Almost reach) to 44.25. Let's keep observe that if 45.10 to 44.25 can get support or not. If not, then price will test 42.50 to 43.00. We are planning to enter our long position. for the above price reach. Our stop loss price will set around 200 MA=around 42.
EN English
EN English (UK)
EN English (IN)
DE Deutsch
FR Français
ES Español
IT Italiano
PL Polski
TR Türkçe
RU Русский
PT Português
ID Bahasa Indonesia
MS Bahasa Melayu
TH ภาษาไทย
VI Tiếng Việt
JA 日本語
KO 한국어
ZH 简体中文
ZH 繁體中文
Home Stock Screener Forex Signal Finder Cryptocurrency Signal Finder Economic Calendar How It Works Chart Features House Rules Moderators Website & Broker Solutions Widgets Stock Charting Library Feature Request Blog & News FAQ Help & Wiki Twitter
Profile Profile Settings Account and Billing My Support Tickets Contact Support Ideas Published Followers Following Private Messages Chat Sign Out