Hopefully all of you will be fine and doing good in trading journal. You made good analysis, i appreciated your analysis and fully agree with you. I also predict that this pair will move in bulish trend and now it is giving us buy opportunity.
Thanks dear for sharing your thoughts with us.Actually yesterday the Crude Oil price make a massive downtrend movement due to the Crude Oil inventory news and from that time It's still showing the pressure from the sellers.
So we must have to looking for the sell opportunity if the current 4 hours candles close below the bullish trendline. But if we see the current candle of 4 hours just moving upside then we must have to looking for the buy signal because it is also followin the uptrend strategy from the 4 hourly timeframe.
Guys how are I am really enjoying my trading and i hope that you are also enjoying and making profit
So Guys let's talk about Crude Oil . . . Yesterday market gave us 230 points again and as i told you that it's next target is 53.28 so market almost done it and it has taken support
you can see that market is exactly moving between Support and Resistance
and now we should wait and see the behavior of the market if market break resistance then it should go up and it's target Then . . . .
First TP 56.49 and 2nd TP should be 57.20
and if market again break support level then
First TP should be 52.79
I hope you will agree with me
Thanks for your Support
WISH YOU GOOD LUCK.
Guys how are you I am sure that you enjoyed last week
Guys yesterday Oil was very bad and market did not give any chance to make money to trend follower
Yesterday was scalping day
And next week we will see that where market will go
There is both opportunities buying and selling as well
So best of luck to you dear friends
no doubt mate there are the both scenario's are active at this pair and this pair is looking for the both sided movement, if I will be at your place, I will just observe it's drama and stay from it's trading, looking more drama in next week so be careful but at the end of the next week it will clear's us that what it wanna do
For further details yiu can visit my journal.
Hello I hope you are good and and enjoying your weekend with your family and friends I hope you have got good bonus for this week Iím also thankful to MT5 and instaforex for this opportunity
Crude oil had very nice up and down moves this week and many traders made very nice amount of profit I have share my analysis when oil was trading at 54.29 I said it is good to buy for the tp 60 though it didnít get there but was close to it it get to 58.70 area and then bounced back and hit its low 54.20 and then again rise up and market closed at 55
Letís see on Monday how it react wish you all the best
fragileís trading journal