WtiOil from 57.62 Highs

29/10/2019 WtiOil from Recent High at 57.62 Resistance Level - Spot Price 55.20 - Expected Outcome is that Price will Continue with the down slide into 45.62 and a little below this level. Monthly Chart Target Low includes 40.44 at Best Support Level.

تم فتح الصفقة:

30/10/2019 Oil Price would ideally suit 57.62 as Price was rising - Since this outcome was not achieved and Price settled at 56.90 I can see that the trend will resume continuation lows or can retest 57.62 as Maximum Resistance Level.

Higher side outcome in this case should be covered with sufficient margin and stop-loss placements just above 57.62

تم فتح الصفقة:

Just As Global Market News Updates - On all the Pairs I cater against - I now consider that 3 Currency Rate Pairs are In-Line and at 100% Accurate Rating. these include the EurUsd - Gbpusd - WtiOil Pairs. I start with WtiOil-Usd - As a Continuation Swing High trend from low 55.73 with A Target High set at 58.17 -
Before further Continuation onto the Lower Low Phase is seen at monthly chart cycle Low set at 38.21 - 38.21

أغلقت الصفقة: تم الوصول للهدف:

Manually closed at 57.15 - I would suggest that the short entry and stop-loss just above 58.17 as of 11 pips within the current rising trend if price rises to that level.
Bais Low 38.21 keeping trade run to the Lower end of Pricing towards the monthly chart cycle Lows - Or Close position once sufficient profits have been generated within the Channel Range.