Technical analysis of Crude Oil for Mar 13, 2018

The Crude Oil at 4 Hour Chart now already form a Triangle Pattern it seems the market have lack of participant and momentum but We’ve got a clue from the Hidden Divergence between the Stochastic Oscillator and the price usually higher likely for 60% market will going down in this case seems #CL will going down to test the nearest Support at 60.25 level.

Disclaimer: Trading Forex (foreign exchange) on margin carries a high level of risk, and may not be suitable for all Traders or Investors. The high degree of leverage can work against you as well as for you. Before deciding to invest in foreign exchange you should carefully consider your investment objectives, level of experience, and risk appetite. The possibility exists that you could sustain a loss of some or all of your initial investment and therefore you should not invest money that you cannot afford to lose. You should be aware of all the risks associated with foreign exchange trading, and seek advice from an independent financial advisor if you have any doubts.

About Arief Makmur

Born May, 15th/1970 at Jakarta; Graduate from Trisakti University in 1998 at Major: Corporate & Bussiness Law. Starting in Finance World in 1998 at Jakarta Stock Exchange & Familliar with Forex Market since December 2003. Single Man Interests: Trading In The Forex Market
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