Continuing the theme of oil, add one more technical analysis. Other indicators for oil 5 from 5 show us a trend reversal, one and the last signal indicates as technical analysis confirmed this, as can be seen from the chart, the price of oil is in reversal zone that shows us Bears open short positions, and Bulls close long positions, the movement of prices on the...
Continuing the theme of oil, add technical analysis. Other indicators for oil 4 of 5 show us a trend reversal, one single and the last signal of a reversal should be the technical analysis and it is 5 core, but as can be seen from the graph, until the oil is no hurry down and is in the area of consolidation that tells us about is that neither the bulls nor bears...
The perfect moment came for buying of oil, the strategy developed for long term investments with three-level input.
1. The level of $30 per lot with stop loss level lower than $10, or not lower than $5 it's much better $ 0 and to be not more than 10% of capital.
2. A deal of average of $20 level with the same level of stop loss and 10% from capital.
I do not recommend the transaction against the trend , but in this situation to 08/25/2015 formed the price channel so you can take the lock deal on uncovered positions , or enter a smaller lots, the globally strategy, the best solution to miss the move up, and go from of 1.51 the estimated time after 01/01/2016, and it is better to do one-way transaction. I liked...
I think that oil price will be drop down I am building this prognosis from fundamental base and breaking financial news. My chart show us that oil price have ending dynamic downtrend and this very dangerous for opening short position.
If Elliott Wave №3 short it tells us that market weakens the bullish dynamics. My recomendations
open short position level stop loss 1.5200-1.5250
market short position 1.510-1.5200.
the profit level (target)1.4900-1.4800
11.12.2015 CBRF will report new interest rate Russia if interest rate will below 12,5% so usdrub will have new price channel 70-80 rub if interest rate well above 12,5% so price channel will go to down 70 rub. 11.12 CBRF tell new interes rate which interest rate do CBRF will be?