empty
 
 
06.12.2022 12:49 PM
Trading tips for oil

This image is no longer relevant

The aim of yesterday's trading plan was to increase oil prices.

This image is no longer relevant

This really happened during the European session, in which the quotes went up sharply and hit the two target highs. This ends the three-wave pattern in oil.

This image is no longer relevant

Congratulations to those who followed the strategy! The price rose by about $2.

The trading idea was 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
EURUSD
Euro vs US Dollar
Select timeframe
5
min
15
min
30
min
1
hour
4
hours
1
day
1
week
Start trade
Start trade
  • 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 $8000 more!
    In March we raffle $8000 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

XAU/USD outlook for March 30, 2023

In a situation of continued high inflation, political and economic uncertainty, and amid expectations of soft decisions from the Fed, purchases of defensive assets—yen, government bonds, gold—remain very relevant. Gold

Jurij Tolin 15:38 2023-03-30 UTC+2

I focused on the level of 1.2355 when I made my morning forecast and suggested trading decisions based on it. Let's take a look at the 5-minute chart

Miroslaw Bawulski 13:43 2023-03-30 UTC+2

EUR/USD: trading plan for American session on March 30. Overview of morning trades. EUR to rise above 1.0870

In my morning article, I turned your attention to 1.0824 and recommended making decisions with this level in focus. Now, let's look at the 5-minute chart and figure out what

Miroslaw Bawulski 13:10 2023-03-30 UTC+2

EUR/USD and GBP/USD trading plan for beginners on March 30, 2023

EUR/USD slowed down when it reached 1.0870, which resulted in the market stagnation. As a result, a consolidation range of 50 pips was formed. It is possible that the current

Gven Podolsky 11:48 2023-03-30 UTC+2

Trading tips for EUR/USD

As EUR/USD updated yesterday's high, sellers have new levels where they can place short positions. Traders may start from the current prices, placing a set of short positions

Andrey Shevchenko 11:42 2023-03-30 UTC+2

Trading plan for EUR/USD and GBP/USD on March 30

The macroeconomic calendar was completely empty yesterday, pretty much the same as today. Sure, jobless claims data in the US is scheduled, but the changes should not be large

Mark Bom 09:05 2023-03-30 UTC+2

GBP/USD: trading plan for European session on March 30. Commitment of Traders. GBP unable to climb above 1.2350

Yesterday, there was only one entry point. Now, let's look at the 5-minute chart and figure out what actually happened. In my morning article, I turned your attention to 1.2296

Miroslaw Bawulski 08:21 2023-03-30 UTC+2

EUR/USD: trading plan for European session on March 30. COT report. Future rise in EUR under question

Yesterday, traders received just one signal to enter the market. Let us take a look at the 5-minute chart to clear up the market situation. Earlier, I asked

Miroslaw Bawulski 08:19 2023-03-30 UTC+2

GBP/USD: Forecast and trading signals on March 30. COT report. Detailed analysis of price movement and trades. A retest of 1.2342 did not lead to anything

On Wednesday, GBP/USD tried to break through 1.2342, but failed. Since this is already the second attempt to overcome this level, the "double top" pattern could be formed, so there's

Paolo Greco 08:03 2023-03-30 UTC+2

EUR/USD: Forecast and trading signals on March 30. COT report. Detailed analysis of price movement and trades. Euro desperately tries to crawl up

On Wednesday, EUR/USD stretched its weak upward movement. Although on the 5-minute chart, the entire movement looked like a flat. Nevertheless, the pair tried to stretch its upward movement amid

Paolo Greco 08:03 2023-03-30 UTC+2
Can't speak right now?
Ask your question in the chat.