Crude Oil Technical Analysis April 23, 2019
Crude Oil Technical Analysis : The Crude Oil rose 2.49% against the USD on Monday and closed at 65.65. Today in the European session while Crude Oil technical analysis April 23, 2019 is preparing at 9:45 GMT, the Crude Oil trading at 65.90, which is 0.38% higher from Yesterday’s close.
The pair is expected to find support at 64.47 and a fall through could take it to the next support level of 63.30 The pair is expected to find its first resistance at 66.38, and a rise through could take it to the next resistance level of 67.12 For today the expected trading range is between 64.47, Support and 67.12 Resistance.
The expected trend for today is Bullish
Supports Levels: Support 1: 64.47 Support 2: 63.30 Support 3: 62.96
Resistance Levels: Resistance 1: 66.38 Resistance 2: 67.12 Resistance 3: 68.30
Crude Oil Buying Opportunity for Intraday Trading April 23, 2019
Buy near the support area 64.47 and 63.30 as soon as you get reversal candlesticks patterns using stop loss 4 pips below the reversal candlestick & keep target equal to stop loss.
Crude Oil Selling Opportunity for Intraday Trading April 23, 2019
Sell near the resistance area 66.38 and 67.12 as soon as you get reversal candlesticks patterns using stop loss 4 pips above the reversal candlestick & keep target equal to stop loss.