OIL SELL TP_41.15_9.74%_4.44pips_SL_46.20_1.34%_0.61pips
OIL SELL TP_33.56_17.87%_7.30pips_SL_42.80_4.75%_1.94pips
Hello, Traders! OIL is going UP on the fundamentals. Improved outlook on the economic Recovery rate Based on the vaccine successes Consequently improves outlook on oil demand Therefore we see a price increase. However, On the technical side We see a strong rising resistance ahead. That is my target short spot From which I expect oil to retest falling ...
OIL SELL TP_31.40_19.20%_7.46pips_SL_41.17_5.94%_2.31pips
SELL OIL/USOIL for a nice short trade on the 4Hour chart. Targets as shown.
OIL TP_33.49_15.66%_6.22pips_SL_40.40_1.74%_0.69pips
OIL SELL TP_36.46_7.74%_3.06pips_SL_40.74_3.09%_1.22pips
OIL SELL TP_40.30_7.23%_3.14pips_SL_43.83_0.90%_0.39pips
After doing a 61.8 of the fib starting from the top, oil has been ranging at the golden ratio while also creating a bearish divergence on the MACD which confirms we have momentum shifts from longs to shorts. Our target is down to the 38.2 where we have a broken structure waiting to be retested
OIL Looking sell after rejection above channel trendline
If price breaks the blue trend line we wait for it to close below 39.00, then we take a sell with 37.48 as first TP and 34.59 final TP.
this recent sell is just pullback and touched channel . buy
Hello everybody, The Oil Future was in equilibrium but broken after that in point A, then it came back to the rectangle in point B and break it in point C. The break-in point C shows that for today, Oil will go down, in a decreasing trend. So, selling oil would be a good choice for today. But we should pay attention, if the stock break the resistance, it could...
OIL SELL TP_17.62_34.01%_9.08pips_SL_28.21_5.66%_1.51pips