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    Page 542 of 542 ... 537 540 541 542
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    Thread: Faizii trading journal

    1. #5411 Collapse Post
      FX Vampire
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      Oil price closed around level 41.50 area. the weekly candle is showing shooting star candle whereas daily candle is showing nothing including Thursday and Friday. The candle of Wednesday was also shooting star but it was not confirmed in the past week. So we can have multiple trading options during the next week the level of 40.15 is strong support area and 43.70 is first resistance that is required to be crossed to look further up.
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    2. 2 users say Thank You to Faizii for this useful post.

      Goldentrades (Today), Wadda (Today)

    3. #5412 Collapse Post
      MT5 Maniac
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      Quote Originally Posted by Faizii     
      Oil price closed around level 41.50 area. the weekly candle is showing shooting star candle whereas daily candle is showing nothing including Thursday and Friday. The candle of Wednesday was also shooting star but it was not confirmed in the past week. So we can have multiple trading options during the next week the level of 40.15 is strong support area and 43.70 is first resistance that is required to be crossed to look further up.
      Dear member currently trading price of crude oil is @ 41.87$ per barrel approximatly now this is very important and focusing area but as per my opinion and thoughts this will be bearish in next week because price couldn't break the resistance area.


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      Quote Originally Posted by Faizii     
      Oil price closed around level 41.50 area. the weekly candle is showing shooting star candle whereas daily candle is showing nothing including Thursday and Friday. The candle of Wednesday was also shooting star but it was not confirmed in the past week. So we can have multiple trading options during the next week the level of 40.15 is strong support area and 43.70 is first resistance that is required to be crossed to look further up.
      Hello guy your post is really good one and your analysis is good on this pair and I like it very much and from my point of view Crude oil is making zigzag pattern from last few weeks and sometime it went up and sometime it went down and it is trading in between the value of 38 and 44 and when trading market was closed on Friday night at that time its price was 41.76. So it's a difficult to give analysis that what will be the position of this oil in the coming days but its overall trend is a going upward and from my point of view that when it will break this resistance it will go upward in the coming days. Forex trading is such a good forum in which everyone can participate and work but to remember that for getting success hard work is very necessary and without hard work no one can get success so remember remember and work with your hard work and no need to choose any shortcut in this forum. Good luck.


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      Mahaz (Today)

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