Fxprotrader
Short

USOIL: Key Zone To Watch For Shorts

FX:USOIL   Crude Oil (WTI)
1159 17 37
Price is rising in crude oil             and may soon reach a very strong resistance level where a 0.382 fib reatrcement, a slide parallel of a descending median line , and a previous structure consist a wall. At this level any sell setup completion is a go.

Like and follow for updates..!
Not sure if it will get there... There is a strong resistance area around 43.50 plus a divergence at 4H timeframe...
+1 Reply
captain_smollett PRO captain_smollett
snapshot
+1 Reply
Fxprotrader captain_smollett
Can't disagree with that.. But if it reaches we may look for a sell.. Thanks for sharing your aanlysis ;)
+1 Reply
Thank you too! =)
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Dguaman captain_smollett
Nice chart Captain !
+1 Reply
No problem. Still, I think the scenario that Fxprotrader set is perfectly valid and we can see 44.** soon
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Thanks for the possible Trade setup
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Fxprotrader andrewcarlo
You are welcome mate :)
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Some potencial September freeze from OPEC .. damn news...
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do you think we go a little higher than the current 42.85 for the sell at 43.87 or do you think we already put in the top today?
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It's climbing and if it reaches that zone we should watch for sell setups
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what is the name indicator? MADC o AO and what is your configuration?
Excuse me, I new in forex and i saw that indicator usuing lot people.

Thanx, Sorry I'm form mexico, sorry for my english. haha
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Fxprotrader BrayanRush
It MACD 4C. I use the standard settings
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BrayanRush Fxprotrader
Thanx forex is a big world.
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we couldn't get up far enough to reach your target box. do you think we still get there or just fall down from here at 42.65?
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It's correcting so we may soon have another move up and will reach the zone
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Can we sell now? thanks
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