CL GO UP!

Mar 31, 2018

This week, oil failed to overcome resistance at a price of 66.55 (January). The EMA 50 was pierced, followed by a rebound from the EMA 200. The nearest resistance is 65.51, in case of not overcoming this level, the pattern is possible: a double top with a signal for a short position. Nearest support 64.66.

In the near future, more likely to retest the resistance level of 65.51, which is confirmed by EMA 20 and EMA 50.

Our trading robot is also aimed at a long position

I do not recommend entering into a deal or making conclusions on Monday, at the beginning of the week there is a set of positions of large companies.

All good trades