Every week a new trading opportunity! When you see a setup and you need support we are here! Never miss a good trade.
On our market watch, today is Oil. The instrument is testing the selling zone of downside confluence of support 52-52.500 level and there is a great probability of rejection here.
The possible trading strategy is going short at the market or with pending sell limit order at 52 with SL above 53 level on both possible trades targeting the retest of 47 and possible extension into 41-42.
Happy trading! (click on the chart to enlarge it)
Through time we have developed a very respectable trading strategy which defines Entry, Stop Loss and Take Profit levels with high accuracy and allows you to make position Risk Free. If you want to learn all about it and become a professional Trader, sign up now.
We cover all Majors, Crosses, Indices, and Commodities. Join us and you will get access to Trade alerts with exact SL and TP levels, real time on email, Viber, twitter private feed, NY session analysis of all major asset classes, Live trading sessions every day moderated by our expert analyst @Aleksfx, Video analysis, Intraday market levels, Live chat support, Educational webinars. You can also read other articles at our Blog and check Chart of The Day