Technical analysis for crude oil – 07 May 2013

Technical analysis for crude oil -14 June 2013

Technical analysis for crude oil – 07 May 2013 — WTI crude market tried to improve during Monday’s session, and in the meantime managed to hack back above the $ 97.00 level at a certain point, and you can see that the market is paying down again. As a result, this candle, which was formed for the session on Monday considered form already Shehab, and looks very bullish at this point.

Continuation of the conditions specified by the deliberative scope

I think necessarily we should think that this market will fall. I think that the $ 90.00 level is the lightest level can be up for the crude oil about this market now, and as a result, it is possible to get a good small-scale traders for short periods to take advantage of it. It is clear that the long period of trader could also return by benefit, but we need to be a little softer and have to show courage with continued volatility. However, I think that there is a good deliberative opportunities in this market, and I’ll simply to wait to see if what you are going to sell below $95.00 , or if you will sell a type of failure to approach at the level of $ 98.00 . In any case, the purchase is out of range at this point, where we are at a high-rise in scale deliberative public road. so