Crude Oil retrieve strength with more advance chance

Crude Oil retrieve strength with more advance chance

Rami
05 (12) 2016 - 11:41 (GMT)
0

Crude Oil prices managed to retrieve strength around the world after OPEC agreement to cut production, while market managed to hit target (52.20) as previous Intraday-Level report advised (see here).

Short-Run showing chance for more advance with support zone at (48.80-49.20) where as long as market holding above this zone, another advance wave will be expected toward (58.00-60.00) zone which previous Mid-Long-Run report advised (see here).

Below (48.80) market may head for farther drop correction toward (43.20-50).

 

 

CRUDE OIL - WTI

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Rami

Rami

Hi all, my name is Rami, with more than 16 years experience in Forex Market, switching from Brokerage field to Fund Management and Risk Management specialty.I had an idea to establish a Home Page to present my thoughts on Forex Market from three different angle or prospective, Mid-Run, Short-Run & Intraday movements .

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