crude oil prices update

crude oil technical analysis update

from my last post : 

2/1/15, 4:30 AM
Pacific Standard Time

“Crude oil can be seen that the support area holds 43-4, last Friday was a strong closing ,we Should receive confirmation that the opening of the next trading day .closing resistance band performed, a move above will lead to areas 51-4. if the level of 54 will break up  be expected levels higher in the areaof  $ 61-63
lets test  the Canadian dollar compatibility we will see oil prices the past two weeks when the currency follow strong moves by the expectation, at the moment I expect the amendment to the level of 1.24 + _ equivalent to the level of 51-4 oil price ,if oil will move more then taht  we need to expect even stronger repair more at the level of 1.19 + _”

update for 17.2.2015
look carfully the usdcad and crude oil they are the key factor 
today the crude give us bullish sign and i would expcrt to see more when the usdcad will break down 1.23-40 ,then we prob will go to 1.2130-1.2220 
another leg down will lead to 1.1930-60 area  hand by hand with crude oil to 62-3 areas
good luck 

update for 7.5.2015
as i worte thats what happen !!!
now if i see the right pic we are prob going for some corrections 
if you will look closely at my chart the bands (yellow and white ) were cross above after they were both on the down trend side 
now we will need to watch adn see crude oil move for those support areas 
after that ill updates you again 
good luck 

crudeoil chart
crude oil

This review does not including any document and / or file attached to it as an advice or recommendation to buy / sell securities and / or other advice

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