FX:USOIL   Crude Oil (WTI)
Oil             is hanging on a box in h4 chart.

This time it has been bounced from bottom and might retest the topper.We can see some good resistances between the box.We have seen the breaking of 200 EMA already between the box.We expecting it will test the topper of the box and most probably it might break the topper with the resistance.If successfully break the topper of the box we can go buy for a long otherwise we have to wait for the bounce back again from the bottom or might be break the bottom.

But we are looking forward to buy OIL            

For your not we have draw another top and bottom between the box and the market price is now just testing the topper and looking unable to breaking it.So let's wait to break the insight topper first then we will keep on eye on the box

Have your best trading.
Has failed to break the resistance which is on 53.24 and dropping the market price.Let's see what will gonna happen... :p
Ideas Scripts Chart
United States
United Kingdom
Home Stock Screener Forex Signal Finder Economic Calendar How It Works Chart Features House Rules Moderators For the WEB Widgets Stock Charting Library Priority Support Feature Request Blog & News FAQ Help & Wiki Twitter
Private Messages Chat Ideas Published Followers Following Priority Support Public Profile Profile Settings Account and Billing Sign Out