WTI Crude Oil (Mid term Bullish)
Updated
View On Crude Oil (6 Mar 2019)
As we mentioned previously, WTI is in the tough range of 55 to 56.8 as that region is proven to be strong resistance.
It can swing up and down for no particular reason at the moment as there is no clear winner.
As long as the price is supported at 50, it shall rise higher in the near future.
A good target level will be $58 and $62.
DYODD, all the best and read the disclaimer too.
Feel Free to "Follow", press "LIKE" <or> "Comment".
Thank You!
Legal Risk Disclosure:
Trading foreign exchange or CFD on margin carries a high level of risk, and may not be suitable for all investors.
The high degree of leverage can work against you as well as for you. Before deciding to trade foreign exchange you should carefully consider your investment objectives, level of experience and risk appetite.
The possibility exists that you could sustain a loss of some or all of your initial investment and therefore you should not invest money that you cannot afford to lose.
You should be aware of all the risks associated with foreign exchange trading, and seek advice from an independent financial advisor.
DISCLAIMER:
Any opinions, news, research, analyses, prices or other information discussed in this presentation or linked to from this presentation are provided as general market commentary and do not constitute investment advice.
Sonicr Mastery Team does not accept liability for any loss or damage, including without limitation to, any loss of profit, which may arise directly or indirectly from use of or reliance on such information.
As we mentioned previously, WTI is in the tough range of 55 to 56.8 as that region is proven to be strong resistance.
It can swing up and down for no particular reason at the moment as there is no clear winner.
As long as the price is supported at 50, it shall rise higher in the near future.
A good target level will be $58 and $62.
DYODD, all the best and read the disclaimer too.
Feel Free to "Follow", press "LIKE" <or> "Comment".
Thank You!
Legal Risk Disclosure:
Trading foreign exchange or CFD on margin carries a high level of risk, and may not be suitable for all investors.
The high degree of leverage can work against you as well as for you. Before deciding to trade foreign exchange you should carefully consider your investment objectives, level of experience and risk appetite.
The possibility exists that you could sustain a loss of some or all of your initial investment and therefore you should not invest money that you cannot afford to lose.
You should be aware of all the risks associated with foreign exchange trading, and seek advice from an independent financial advisor.
DISCLAIMER:
Any opinions, news, research, analyses, prices or other information discussed in this presentation or linked to from this presentation are provided as general market commentary and do not constitute investment advice.
Sonicr Mastery Team does not accept liability for any loss or damage, including without limitation to, any loss of profit, which may arise directly or indirectly from use of or reliance on such information.
Note
View On Crude Oil (12 Mar 2019) Did you follow our analysis on 6 Mar? It is running as we expected.
It is going to target levels of $58, $60, $62 and $67.
As long as the price is supported at $50, it shall rise higher in the near future.
Stay with the bulls for now.|
Note
View On Crude Oil (13 Mar 2019) Oil is waiting for a strong push to come in and it shall rise higher soon.
In my opinion, it is going to target levels of $58, $60, $62 and $67.
As long as the price is supported at $50, it shall rise higher in the near future.
Stay with the bulls for now.|
Note
Updated View On Crude Oil (14 Mar 2019) Oil is moving in the way we previously expected.
So, our view still holds.
Note
Updated View on WTI Oil (19 Mar 2019)TP1 $58 (Hit),
TP2 $60 (well Almost)
TP3 $62 and
TP4 $67.
Note
View On Crude Oil (20 Mar 2019)We had a decent Doji on the no-news Tuesday.
Tonight we have FED rate decision and it shall have big impact on oil price too. But as long as $56 holds, we can still have a bigger upward move later.
A good target level will be $58 and $62.
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