35.80 USD: 2.Target (292 Chance) 33.97 USD: 1.Target (109 Chance) 32.88 USD: last Price 32.21 USD: last Support (67 Risk) You can use the support levels as stop-loss price level. And both targets also even as take profit price leves too, if you want. But take care! Think about it - and create your own opinion! It`s your own decision... Change/Risk Ratios are...
Overview : Crude oil futures for delivery in March traded below $27 per barrel for the majority of the trading session, marking the second time this year that crude has traded around this level. Prior to 2016, the last time that crude oil futures traded below $27 per barrel was in September 2003. On Technical charts, Major trend of crude oil is strongly bearish...
Overview : U.S. crude oil prices pushed higher in early Asian trading on Wednesday, partly recovering from a 6 percent drop in the previous session led by concerns over demand and weak equities. Before that Crude oil fell for a fourth-straight session on Tuesday to settle $1.75 lower. On Technical charts, Major trend of crude oil is strongly bearish and market...
Overview : Oil dropped below $30 a barrel in New York as equities tumbled and no agreement emerged from Venezuela’s tour of crude-producing nations. Speculators’ short positions on crude were near a record and Crude oil Futures fell 3.9 percent. On Technical charts, Major trend of crude oil is still negative and market is making lower top and lower bottom...
elongation in the wave III waiting V, after correction ... In most cases, if there is of stretching in the third wave, the fifth wave is the twin of the first, respectively the purpose - in the region of 27.
Just a brief breakdown of the recent Oil decline. Recently broke below the $30 mark which saw price retest this for resistance and continue to sell off. I believe that we can see more downside on Oil and will be a confident buyer at $25.13-$23.61 and $17.63-$16.11 Great zones there for buying Oil which are the only 2 key supports that I see now that we are...
Learn 2 trade like a pro boafx.com - After a significant build in Oil inventories last week we expect the price to head back down to previous support - the head and shoulders pattern is a good sign of a reversal at this point