FxWirePro
Long

Buy US Oil above $51

TVC:USOIL   WTI Crude Oil
209 0 13
Major resistance - $51

Major support - $49.96 (100- 4H MA)

US Oil             has once again slightly declined after jumping till $50.96 at the time of writing. It is currently trading around $50.79.

Short term trend is still bullish as long as support $49.96 holds.

On the higher side, any break above $51 will confirm minor bullishness, a jump till $51.91/$53 (161.8% retracement of $51.91 and $50.19 is possible.

The immediate support is at $49.96 and any break below will drag the commodity down till $49.12/$47.53 (200- 4H MA).

It is good to buy above $51 with SL around $49.96 for the TP of $53.
United States
United Kingdom
India
Deutschland
France
España
Italia
Polska
Türkiye
Россия
Brasil
Indonesia
Malaysia
ประเทศไทย
Việt Nam
日本
한국
简体
繁體
Home Stock Screener Forex Signal Finder Cryptocurrency Signal Finder Economic Calendar How It Works Chart Features House Rules Moderators Website & Broker Solutions Widgets Stock Charting Library Feature Request Blog & News FAQ Help & Wiki Twitter
Profile Profile Settings Account and Billing My Support Tickets Priority Support Contact Support Ideas Published Followers Following Private Messages Chat Sign Out