Crude Oil movement...
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  • #1 Collapse

    Crude Oil movement...
    Yesterday crude Oil moved so much up and down and today its movement is bearish. What you think would it move bullish or it will more negative???
  • <a href="https://www.instaforex.org/ru/?x=ruforum">InstaForex</a>
  • #2 Collapse

    Crude oil will go little bit more bearish and then it will retrace from the value of 51.00$. This is the time when you can make your trades into sell side but be careful don't go too below with the sell trade. When market starts moving upwards at almost tonight 11pm then you are to make a buy trade into this crude oil. Thanks

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    • <a href="https://www.instaforex.org/ru/?x=ruforum">InstaForex</a>
    • #3 Collapse

      Crude oil is a difficult pair to analyse as it relates to the whole world economies. Now a days, CL is on down trend and touching almost lowest level on heigher time frames. If it break the 50 level, then it move further downward upto 42-43 as per history. But this pair have a great support on 50 that already it turned toward upside from 50 level. According to me, its a time for up trend but from above 50. You may wait for its further down move upto 50 level as now the pair in inbetween 52-53 level.

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