Daily: Broke and closed above Resistance at 62.87 1HR:Retest of Broken support held, Buys at 62.87
Note: Strong Dollar should push oil price down and hence possible decline of CAD 1HR:Sells at 81.796
Weekly: Rejection of 1.34118 support and the level on Daily 1hr:Momentum Divergence signal there is no volume to go further down. Buys at Support 1.34118
4HR:Support held after Anti Pattern with Parabolic expansion below 109.514 1HR:Buys at Support 109.516
Daily: Broke and closed above resistance turned support at 1.34583 1hr:Buy retracement of Anti at 1.34583
Daily: Strong rejections above 1.12357 signals that there are lots of sells that are not willing to let price go up. 1HR/4HR: Sells at 1.12357
Daily: Closed above 7553.91 and formed a rejection wick. 1hr:Buys at 7466.07
4HR:Rejection of support at 1282.830 1hr:Support broken upward by force and closed above, hence created a 4hr Wick. Buys at 1282.830 upon close of the hourly candle.
Daily: Rejection of Daily support at 7562.76 1hr:Parabolic expansion of 1hr , hence buys at support 7562.76
Daily: Rejected 2862.88 Level, strong bullish on Monthly and Weekly: 4hr/1hr:Rejection of Support buys at 2862.72
Monthly: Trending Bearish Daily: Parabolic expansion expecting retracement 4hr:Momentum Convergence 1hr:Buys at 81.510
Weekly: Trapped in Momentum Contraction 1hr:Bearish engulfing, and Rejection of resistance, Sells at 1287.373
1HR:Wyckoff effect on Support, Bulls about to take over,Buys at 2908.30
1HR: Spring effect, strongly Rejected Support, signs there are Bulls willing to push price above. Buys at 7730.74