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CRUDE OIL (WTI) Technical Outlook a lot of questions about OIL. on a daily the price is currently consolidating within a wide horizontal trading range. 41.0 - 41.5 is its resistance 36.1 - 37.0 is its support while the price within a consolidating range, we expect bullish movements from its support and bearish from its resistance. for now, I remain bearish biased. for intraday trading also consider a falling trend line, while the market is above that, it serves as the resort for buyers to buy from. in case of its bearish breakout, it will serve as a local resistance to sell from. at some moment the consolidation range will be broken either to the upside or to the downside. daily candle violations of its boundaries will show us the future market direction.
FX:USOILShort
by VasilyTrader
25
GERMANY 30 - DAY TRADE VIEWGER30 - Looking good for a selling opportunity , My approach will be a short selling position close to 12770 Maintain stop loss around 12840 Potential downside target 12670 - 12545 Follow the levels as mentioned. Traders, if you liked this idea hit the like button & write in the comment section. Why you should follow this tradingview account ? Managed by top most renowned trader - Pulak Priyesh 10 + years of trading experience Professional Day trader Excellence award winning mentor Professional chart, clear chart without junks. Major S/R levels with inner insights Frequent Day & Swing trade levels All major and minor FX/INDICES covered Thanks !!
OANDA:DE30EURShort
by Professor_GS