empty
 
 

Forex Analysis & Reviews: Trading tips for oil
time 05.12.2022 11:46 AM
time Relevance up to, 06.12.2022 10:36 AM

This image is no longer relevant

Market players reacted positively to the price cap that was imposed over the weekend.

This image is no longer relevant

This, along with the three-wave pattern (ABC) in oil, opens the opportunity for traders to enter the market by buying according to the scheme shown above. Set stop-loss at 80, then exit upon the breakdown of 82 and 83.

This trading idea is based on the "Price Action" and "Stop Hunting" methods.

Good luck and have a nice day! Don't forget to control the risks.

Andrey Shevchenko,
Analytical expert of InstaForex
© 2007-2023
OilUSD
Select timeframe
5
min
15
min
30
min
1
hour
4
hours
1
day
1
week
Start trade
Start trade

InstaForex分析评论将让您充分了解市场趋势! 作为InstaForex的客户,您将获得大量的免费服务以实现有效的交易。

  • Grand Choice
    Contest by
    InstaForex
    InstaForex always strives to help you
    fulfill your biggest dreams.
    JOIN CONTEST
  • Chancy Deposit
    Deposit your account with $3,000 and get $10000 more!
    In January we raffle $10000 within the Chancy Deposit campaign!
    Get a chance to win by depositing $3,000 to a trading account. Having fulfilled this condition, you become a campaign participant.
    JOIN CONTEST
  • Trade Wise, Win Device
    Top up your account with at least $500, sign up for the contest, and get a chance to win mobile devices.
    JOIN CONTEST
  • 100% Bonus
    Your unique opportunity to get a 100% bonus on your deposit
    GET BONUS
  • 55% Bonus
    Apply for a 55% bonus on your every deposit
    GET BONUS
  • 30% Bonus
    Receive a 30% bonus every time you top up your account
    GET BONUS

Recommended Stories

Trading tips for gold

The previous trading plan in gold talked about decreasing its price according to this scenario: That is exactly what happened during the US session on Friday, when gold dropped sharply

Andrey Shevchenko 08:56 2023-01-30 UTC+2

Trading tips for EUR/USD

EUR/USD closed with a pin bar last week, following a rather strong bullish movement. The two small weekly candlesticks indicate decreasing volatility, while the pin bar suggests that buyers

Andrey Shevchenko 08:54 2023-01-30 UTC+2

Outlook and trading signals for EUR/USD on January 30. COT report. Analysis of market situation. The euro remains flat on the highs.

EUR/USD did not show any interesting movements on Friday. The price was striving for the critical line, and when it reached this line, it failed to overcome it. Thus

Paolo Greco 08:09 2023-01-30 UTC+2

GBP/USD: Forecast and trading signals on January 30, 2023. COT report. Detailed analysis of price movement and trades. Flat market on GBP/USD may continue this week

On Friday, the GBP/USD pair traded sideways in the range between 1.2342 and 1.2429. Due to the lack of important macro releases during the day, we also saw no trend

Paolo Greco 07:46 2023-01-30 UTC+2

GBP/USD: trading plan for European session on January 30. Commitment of Traders. GBP maintains bullish momentum

Last Friday, there were several entry points. Now, let's look at the 5-minute chart and figure out what actually happened. In the morning. the market was flat. Given

Miroslaw Bawulski 07:14 2023-01-30 UTC+2

Trading plan for EURUSD on January 30, 2023

EURUSD dropped to the 1.0837 lows on Friday during the New York session, just managing to test previous short-term support at 1.0835. The single currency pair has since found support

Oscar Ton 06:23 2023-01-30 UTC+2

How to trade GBP/USD on January 30. Simple trading tips and analysis for beginners

GBP/USD traded sideways again on Friday. The price has been between 1.2260 and 1.2444 for eight days. The range isn't tiny, but this is what we would like to focus

Paolo Greco 15:55 2023-01-29 UTC+2

How to trade EUR/USD on January 30. Simple trading tips and analysis for beginners

EUR/USD started a downward movement on Friday after settling below the trend line on Thursday. In fact, the pair has been moving sideways for two weeks now instead of moving

Paolo Greco 15:38 2023-01-29 UTC+2

GBP/USD outlook for January 27, 2023

GBP/USD managed to correct into the medium-term bull market zone amid a weak U.S. dollar, rising above 1.2130, 1.2240, through which important support levels pass: 200 EMA on the daily

Jurij Tolin 14:30 2023-01-27 UTC+2

Gold: new range ahead of US stats

Gold rallied in the short term and now is almost to reach the first upside obstacle. It's located at 1,930 at the time of writing but it's trapped within

Ralph Shedler 14:27 2023-01-27 UTC+2
现在无法通话?
提出您的问题,用 在线帮助.