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Oil 1h Timeframe Analysis - Longs to Daily Resistance?
CFDs on WTI Crude Oil
Long
Oil 1h Timeframe Analysis - Longs to Daily Resistance?
By tradesbyadk
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Aug 1, 2020
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Aug 1, 2020
🛢OIL Analysis
⏰1h Timeframe
Last week Oil broke below it’s previous ascending channel. Price seems to have found its new lower structure after forming a double bottom formation📊
Eyes are peeled for buying opportunities this week as price moves back towards breakout area of 41.17 & previous daily resistance 42.31🚀
Supply and Demand
Support and Resistance
Trend Analysis
tradesbyadk
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