Crude Oil Technical Analysis April 22, 2019
Crude Oil Technical Analysis : The Crude Oil rose 0.39% against the USD on Friday and closed at 64.04. Today in the European session while Crude Oil technical analysis April 22, 2019 is preparing at 9:45 GMT, the Crude Oil trading at 65.50, which is 2.27% higher from Yesterday’s close.
The pair is expected to find support at 63.63 and a fall through could take it to the next support level of 63.23 The pair is expected to find its first resistance at 65.00, and a rise through could take it to the next resistance level of 66.00 For today the expected trading range is between 63.10, Support and 64.40 Resistance.
The expected trend for today is Bullish
Supports Levels: Support 1: 63.63 Support 2: 63.23 Support 3: 62.96
Resistance Levels: Resistance 1: 64.32 Resistance 2: 64.60 Resistance 3: 65.00
Crude Oil Buying Opportunity for Intraday Trading April 22, 2019
Buy near the support area 63.63 and 63.23 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 22, 2019
Sell near the resistance area 65.00 and 66.00 as soon as you get reversal candlesticks patterns using stop loss 4 pips above the reversal candlestick & keep target equal to stop loss.