Cambista

Cambista

The price made a higher low. Time to buy. The target is the downward 1H trend line. RR 6.

Cambista

USD is very strong and that let traders nervous. As in the USD index, the price is at the top of a trend line and it seems natural that big fat cats reverse their positions...Look out !!

Cambista

The price bounce on upward trend line. Next days it may turn to the upside and head to downward TL. It´s a nice RR trade.

Cambista

The USD is at its highest values. It hits again the strong resistence of 12200 that has proven difficult to overcome. The price must depart from that value and head to the support at 11700.

Cambista

As you may see, price is squeezed between two daily trend lines, making a kind of a triangle. But, because price is over EMA200, and already touch it 3 times as a support, I believe after the next touch on upward TL ( and maybe the EMA200 support again) price will go UP. At least till resistence line at 0.7800.

Cambista

After that, it must retrace before go downward.I think the retracement will be to the previous support at 1.1125, and maybe it will coincide with downward TL. After that is possible the price continous to the downside till the 1,0560 support.

Cambista

Price is bouncing in the rising TL. It must reach the latter resistence at 1.2320, before go up even further to the downward daily TL.

Cambista

If price cross the hourly TL UP, price may head to daily TL

Cambista

After hit the top of the channel and after crossing down the upward TL, price mus head to bottom of the channel

Cambista

After hit the top of the channel and crossing down the TL, the price must go down till the bottom of the channel

Cambista

After crossing the weekly downward TL, the price hit the top of the horizontal channel at 104. Now, it will retrace for 4 or 5 days to around the EMA36, and then will go UP.

Cambista

After bouncing on long term TL the price is going UP at least till next downward TL

Cambista

The price reach a support zone at 1,0970 and now is time to retrace to the Trend line or to the EMA 36

Cambista

The price reached a support zone and RSI is at very low level. Must go up to the trend line

Cambista

Hoping Britons vote wisely and Remain wins. What Britain can´t win is the oil price slump that is about to happen.

Cambista

Friday lowering price was an accident in the up trend way, due to BCE results and a weekend seel off. The truth is that Canada continues with serious economic problems and oil is going down now. Technically speaking, the price is testing again the suport level at 129,10 and there is a RSI divergence which makes the price goes up.

Cambista

Just to add another point to my last forecast. I found a RSI divergence, on the daily chart. Good luck.....fellow traders..

Cambista

I found that Brent price in weekly chart is between an accurate parallel channel. You guess where to price is going now.....LOL....