FxWirePro
Long

US Oil breaks major resistance $38.40, targets $41

FX:USOIL   Crude Oil (WTI)
588 3 11
Major resistance - $38.40 (8th Mar high)

Major support - $37

US Oil             has broken major resistance $38.40 and jumped till $38.46.It is currently trading around $38.22.

Any break above $38.40 confirms minor trend reversal , a jump till $39.70/$41.90 is possible .

On the lower side minor support is around $37.70 and any break below targets $37.205/$37

Short term bullish invalidation only below $35.85.

It is good to buy at dips around $38 with SL around $37 for the TP of $39.70/$41
AMBRISH
a year ago
Thanks for clear view,
Reply
waterman
a year ago
Crude Bullish !
Reply
SamiKetonen
a year ago
SL hit. Are u going to do new entry?
Reply
Ideas Scripts Chart
United States
United Kingdom
India
España
Italia
Brasil
Россия
Türkiye
日本
한국
Home Stock Screener Economic Calendar How It Works Chart Features House Rules Moderators For the WEB Widgets Stock Charting Library Priority Support Feature Request Blog & News FAQ Help & Wiki Twitter
Private Messages Chat Ideas Published Followers Following Priority Support Public Profile Profile Settings Account and Billing Sign Out