FxWirePro
Long

US Oil: Minor Break out

FX:USOIL   Crude Oil (WTI)
307 0 6
Minor Trend line resistance- $47.30 ( trend line joining $48.37 and $47.93)

Major support - $46.80 (Hourly Kijun-Sen)

US Oil             has broken minor trend line resistance at $47.30 and jumped till $47.68 at the time of writing.

The WTI crude oil             is trading well above Tenkan-Sen and Kijun-Sen .So slight jump till $48.27 (200 HMA ) is possible.

On the lower side, support is around $46.87 (Hourly Kijun-Sen) and nay break below targets $46.50/$45.80.

The major intraday resistance is around $47.80 (90 H EMA ) and break above targets $48.27/$48.87 (21 day MA).

It is good to buy at dips around $47.45-$47.50 with SL around $46.80 for the TP of $48.25/$48.87

United States
United Kingdom
India
Deutschland
España
France
Italia
Polska
Brasil
Россия
Türkiye
Indonesia
Malaysia
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 Priority Support Feature Request Blog & News FAQ Help & Wiki Twitter
Profile Profile Settings Account and Billing Priority Support Ideas Published Followers Following Private Messages Chat Sign Out