Macd&rsi

 

HELLO

A thread about oil .

analysis and trades ,

 

sell #CLX3@ 105.30, ST@ 106.66 , TP @ open

 

closed @ 103.45

burseman System | Myfxbook

 

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Files:
clx3daily.png  82 kb
 

buy some OIL

Files:
clf4daily.png  45 kb
 

buy some oil for 100$

Files:
oil.png  63 kb
 

as the previous post I showed , oil reached 100 and the next target may be 106$

Files:
clh4daily.png  58 kb
 

buy oil @ 101.26

stop @ 98

tp @ 105= 161.8 fibo

reason of entrance :

1- support of 50 daily moving average

2-61.8 ret.fibo

3- daily trend line

Files:
clk4daily.png  67 kb
 

A technical pattern :

burseman System | Myfxbook

Files:
oil.png  77 kb
 

close the trade .

burseman System | Myfxbook

 

Good decision. Still positive and prevents lateralization that is forming

Reason: