Looking to trade setups , using Technical Analysis as Main tool
Wednesday, July 29, 2009
Crude oil technical Analysis 29thjuly2009
Crude Oil has Broken the Coorective trend Line , Which started From recent lows of 58$ extended to 68.87$, On upside Now will face Stiff Resistance at 67.86$ , Next Support Seen at 64.4 $ , Below Which Could Open trgts as Low as 62.4 $
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Friday, July 17, 2009
Wednesday, July 15, 2009
Crude Technical Analysis 15th july2009
Conjestion Near Resistance
Crude oil Retracted back to Re-test the First Fib Resistance of 23.6 % , (Calculated From Recent high of 73.5 $ to Recent lows of 58.25 $), A Close above Same on Daily charts could Open possible upside trts till Next Resistance of 38.2 % Which is around 64 $
www.askchirag.com
Tuesday, July 14, 2009
Monday, July 13, 2009
Crude Technical Analysis 13th July 2009
Friday, July 10, 2009
Thursday, July 9, 2009
Crude Technical Analysis 9th July 2009
Crude Chart 15-min , Loads of Buy / Sell Reversals indicated in Short Span of time . Suggesting bears Might be Looseing Strength or Some profit Booking & Consolidation before Next move
Expecting a Good Move upto 62.8 if manges to Cross 60.6 Before making New Low
Note :: Chart is Updated For Educational purpose to Explain Few Technical terms And Shouldnt be Taken as a trading Recommendation
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