Buy only above 113.400 for target of 114,114.900,118
Sell near 111.700 -112.000 for target of 110.9,110,108
based on SR and trendlines
Can comment or ping me for any query
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Hello colleagues. Double top pattern for oil. If price will break through the nearest resistance zone by Wednesday next week, then the target for oil is 36. but I advise using trailing stop loss as oil goes oversold and the countries of OPEC may announce additional cuts to normalize the situation. Fundamentally the previous growth was associated with hurricane...
Hi! Only if we will see nice pin bar pattern. Weekly ATR had passed so looks nice to buy brent oil now buy "stop buy order" in dynamic. In 4 hour time frame idea not seems good but... why not?
Crudeoil is at big support on 4 months chart and already started changing the trend
Now It is breaking out of double bottom
There is still more support zone below so, not sure if it will fall more, but i feel like it won't fall further as it is just below Make or break support level (marked in violet color)
Its worth giving try on every reversal sign once price is...
