Outlookb head DOWN

MACDdirection

Momentumdirection

Weighted M.A.direction

Fri, 19 Oct 2018 15:36:36 +0300
30 Minutes
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OIL

 

ENTRY 69.05 TARGETS 69.23 69.32 69.50 69.73 STOP LOSS 68.60

 

Scenario 1

Provided the bullish momentum persists, Oil will target the next take-profit level at 69.50 and probably higher at 69.73.

Scenario 2

Should the commodity manage to breach the support level at 68.60 it will eliminate the bullish scenario, generating a sell signal.