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Smartwomanyaz_
23 sty 2020 03:01
Oil Still Short !
Short
FX:USOIL
Crude Oil (WTI)
FXCM
Opis
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23 sty 2020 03:01
If you check my technical analysis from 2 weeks ago ( January 12 ) I had mentioned oil dropping near 56. My analysis has been correct with oil dropping to the 55 area. Next area will be 53 after it retraces to around 56 area again.
Trend Analysis
Chart Patterns
Technical Indicators
Komentarze
InvestingScope
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23 sty 2020 21:52
The 1W MA200 indicates that we may be on a Support level:
Smartwomanyaz_
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23 sty 2020 23:28
@InvestingScope
yesss not going short for long , just currently .. I never use the MA200 indicator but it looks very accurate.
Thank you for commenting .
MartinSchnellmann
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23 sty 2020 04:43
I dont thonk so, first we go up when e bottom on 54/55 target then we go up to 61/63
Smartwomanyaz_
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23 sty 2020 04:44
@MartinSchnellmann
yes I just was checking over the charts again I can see it going up to 63 area
MartinSchnellmann
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23 sty 2020 06:16
@YasmeenW_, ok
vonnpow
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25 sty 2020 18:05
@MartinSchnellmann
, I believe it may go even lower than 54
vonnpow
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23 sty 2020 04:32
Any views on it reaching 61 from the momentum of being oversold? I think it did this back in December ‘19.
Smartwomanyaz_
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23 sty 2020 04:44
@vonnpow
yes I think it’s gonna reach 61 or even 63 .
Smartwomanyaz_
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23 sty 2020 04:48
Also I have a question , how do you know it’s oversold ? Do you have an indicator that helps you to know when it’s overbrought or oversold ?
MartinSchnellmann
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23 sty 2020 06:18
@YasmeenW_, RSI, Stochastik and MACD and CCI
RSI is Ovewrsold and Stochastic
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