Trade Idea: Selling Oil
Reasoning: Looks set for lower prices
Entry Level: 92.38
Take Profit Level: 88.74
Stop Loss: 93.31
Risk/Reward: 3.97:1
Disclaimer – Signal Centre. Please be reminded – you alone are responsible for your trading – both gains and losses. There is a very high degree of risk involved in trading. The technical analysis , like all...
In my previous brent oil analysis, I stated that macd was giving a selling signal on weekly chart.
Then sales accelerated. This is what i see now.
* None of what i write here is not an investment advice. Please do your own research before investing in any asset.
* Never take my personal opinions as investment advice, you may lose your money.
* The purpose of my...
The price is moving in a downward channel towards lower targets.
Support and resistance areas are marked on the chart. When the price reaches the green range, we have to wait for the reaction of buyers or sellers
This is my personal opinion. Please do not trade based on my analysis and data.
Hi friends!
A few days ago, oil bounced off its historic weekly level.
At the moment, the price has bounced off the mirror level and started to grow with the trend again.
I plan to buy at the breakdown of the level of 70.16.
Goal 1 - 72.73
Goal 2 - 74.73
✔ Do not forget to trade using your own trading system and with stops!
✔ If you like what I do, put 👍 and...
Hi friends!
Since the beginning of the year, oil has been trading in a channel under a strong resistance level of 56.15
On the breakout of this level, when all the conditions of my trading system are met, I plan to buy.
target 1: 57.7$
target 2: 59$
✔ Do not forget to trade using your own trading system and with stops!
✔ If you like what I do, put 👍 and...
Hi !
After a good rise in prices, oil does not roll back.
The pair accumulates below the resistance level and goes to cross.
If the indicated resistance level is broken, we will get a good long!
Profit for everyone, do not forget to set stops and trade using a trading strategy.
