Menu
Brokers
MT4 Forex Brokers
MT5 Forex brokers
PayPal Brokers
Skrill Brokers
Oil Trading Brokers
Gold Trading Brokers
Web Browser Platform
Brokers with CFD Trading
ECN Brokers
Bitcoin FX Brokers
PAMM Forex Brokers
With Cent Accounts
With High Leverage
Cryptocurrency Brokers
Forums
All threads
New threads
New posts
Trending
Search forums
What's new
New threads
New posts
Latest activity
Log in
Register
Search
Search titles only
By:
Search titles only
By:
Menu
Install the app
Install
Reply to thread
Forums
Forex Discussions
Commodities, Stocks, and Indices
Crude Oil Updates by Solid ECN
JavaScript is disabled. For a better experience, please enable JavaScript in your browser before proceeding.
You are using an out of date browser. It may not display this or other websites correctly.
You should upgrade or use an
alternative browser
.
Message
[QUOTE="SOLIDECN, post: 208013, member: 80239"] [img]https://i.ibb.co/YjHwwQF/oil-forum-2.png[/img] [JUSTIFY] [B]On the daily chart, crude oil tests the resistance at $109 for the third continues trading day. The level's break-out is imminent. In this case, the next target will be March 24th peak at $115.8. [/B] [img]https://i.ibb.co/BrKtsrK/oil-daily.png[/img] On the 6H time frame, the pair is trading in the uptrend tunnel struggling for a break-out. If the bears can push the black gold below the 25 daily moving average, we will witnessing a double top pattern. In this scenario, the correction started from March higher highs will continue, and a retest of the support levels at $99.5 and $99 can be seen in the upcoming weeks. Resistance Levels: $109.26 , $111.69 , 126.63 | Support Levels: $105.2 , $99 , $92.2 [img]https://i.ibb.co/P5KCMtL/oil-6h.png[/img] Trade suggestions: Buy stop: $110.3 , Target: $115.5 , Stop: $105.4 Sell stop: $106.1 , Target: $99.3 , Stop: $110.8[/JUSTIFY] [/QUOTE]
Insert quotes…
Verification
Post reply
Top
Bottom
This site uses cookies to help personalise content, tailor your experience and to keep you logged in if you register.
By continuing to use this site, you are consenting to our use of cookies.
Accept
Learn more…