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    Page 2 of 11 1 2 3 4 7 ...
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    Thread: CL/Crude Oil (part 7)

    1. #11 Collapse Post
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      Crude oil is today on its lowest point 67.69 and now rsi and stohastic with moving average all of them are showing a good time to take a buy trade in H1 candle and get some profitable pips. Crude oil is today open with gap and also it does not fill its gap totally so very larger chances that after this support it will touch its gap oprning. Now as we can see a good time to take entry if you go with higher time frame then they will show you selling but this support is good eniugh to hold crude


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      I have made very good strategy for Crude oil trading and i have made good profit.On 3rd August 2018 i have opened 2 Sell trades on Crude oil i have made $8.30 using only 0.01*2 Lots.Its simply amazing for me you just need patience and good knowledge for trading.



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      Today crude oil opened with some bullish pips and this time trying to break its resistance level of last few weeks AT 70.30, current position of this pair is bullish in my opinion because many times it jumped to upward from 67 to 66 level and this time weekly time frame also showing upward trend in current weeks i am out this time but soon take trade if this pair has crossed successfuly 70.30 and target my profit to nearabout 72 to 73 as per next crude oil invention news.


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      There was a fake breakout from the inside bar yesterday and price just came back into the pattern plus the price is now in the middle of the rectangle pattern.
      In times like this it's better to wait it out until a clear winner appear.


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      The Crude oil trend is mix and its trading between the range of $64.54 to 66.84 so i also have traded on it and made $15 profit on Wednesday just before the news because i was confident that the crude oil market will go to down and i sold the oil and made good profit with only 1 trade on oil last week.Now i am thinking to sell the oil on long term basis because the oil will touch the $62.50 soon.


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      i think oil trend is bullish trend and this trend is continue possible hit the target 75 or plus

      Resistance 1 is 70.33 resistance 2 is 70.56 and resistance 3 is 70.93 and
      supporting level 1 is 69.96 2nd support is 69.67 and third supporting level is 69.21


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      i think today news about the oil traders so be care full today trading on the oil very big chance today oil go down

      resistance 1 is 69.03 and other resistance is 69.63 and third resistance is 70.03 if cross the third resistance then go next target is 75 but last time try but not break the resistance and go back and supporting 68.53 other support is 68.13 and third support is 67.89 if break third support then target is 65 or more less ,,


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      i think oil trend is down if cross the price and break out the supporting level 67.48 then oil go the next target is 66.98 possible break both supporting level and strong resistance level is 68.67 this resistance is very strong resistance i am watching in the H4 i think trend is down



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    16. #19 Collapse Post
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      CL today touch the high price 68.51 but not breaking the resistance level 68.72 and going strong back and now current price is now 67.92
      i think now go strong back and the target is 66 in this week or next 1 or 2 day,s go more strong back


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    18. #20 Collapse Post
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      CL today touch the price 67.49 and then go up and touch the high price today 68.93 if cross the price 69.33 then target is 71 plus if now go back then possible again going back and touch price soon 66 or more less in this week


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