Our team has over 7,000,000 traders!
Every day we work together to improve trading. We get high results and move forward.
Recognition by millions of traders all over the world is the best appreciation of our work! You made your choice and we will do everything it takes to meet your expectations!
We are a great team together!
InstaSpot. Proud to work for you!
Actor, UFC 6 tournament champion and a true hero!
The man who made himself. The man that goes our way.
The secret behind Taktarov's success is constant movement towards the goal.
Reveal all the sides of your talent!
Discover, try, fail - but never stop!
InstaSpot. Your success story starts here!
Red lines- bullish channel
Blue line- resistance trend line
Green lines- Fibonacci extension targets
Oil price is trading around $79. Today has been a volatile day as price fell towards $77.60 only to form a double bottom and return to the $79 price level. In the near term Oil price is oversold and a bounce towards $81.40 is justified. We do not forget that price broke out of a bullish channel and is now in a corrective phase. Oil price justifies a bounce higher towards the blue downward sloping resistance trend line. Our target of $76.50 remains our priority.
*The market analysis posted here is meant to increase your awareness, but not to give instructions to make a trade.
InstaSpot analytical reviews will make you fully aware of market trends! Being an InstaSpot client, you are provided with a large number of free services for efficient trading.
