Oil now is uptrend but if it close below level 87 we can see oil at 83 so all we can do is wait and see what oil is going to do tomorrow First scenario respect trend line and complete in uptrend or Second scenario close below trend line and go to 83 Check my last oil analysis Good luck all if you like my idea like it and share your opinion ☺️
usoil oil if it doesnt go back to the uper zone it will cont to drop down
Hi every one no need to say something , chart is speaking it self . Traders, if you like this idea or have your opinion about it, write in the comments. We will be happy Things can change... The markets are always changing and even with all these signals, the market changes tend to be strong and fast Thank you for seeing idea . please support us Good luck.
The obvious and likely thing is to sell oil now, but if he breached the resistance forcefully and entered the rectangle, I would recommend buying oil! good luck for all .
Oil production is increasing in a daily basis, USA is not going to stop. OPEC is also concern about this and it would effect the price of oil. based on this i believe 55-56$ is a good price to short. Looking for confirmation. Good Luck for all.
FX:USOIL Hello Traders! There is a opportunity of entrance at the 38%, estimating 5% of profit if it move in this trend. Some information from the inditators and ocilators indicate green box the best area to buy. New strategy must be formulated if the black/red trend is broken. Trade wisely.