Forex Trading Library

Oil (F) 2016-02-08

0 136

Oil 6H –

30.15

as we see over the chart, market sustain our trading model with our anticipated trading zone between 29.25 and 33.00

market managed to hold resistance zone at 33.00-50 intact, where as long as market holding below it we will expect another drop wave to re-test 27.60 zone

market drop so far toward 30.15 level

above 33.50 market may add more advance while last resistance 34.80 will be the mid point between continue drop pressure or if market manage to break above will lead for farther advance toward 37.50-75 zone

  Support Resistence
Level 1 29.75 31.35
Level 2 29.25 32.40
Level 3 28.15 33.00-50
Leave A Reply

Your email address will not be published.