US Crude Oil 1D : (Uptrend)
Updated
US Oil
as we expected from the previous idea , as long as price trade above 84.81 level the price will be continue at the bullish trend and price reached our second target
Now, the same analysis , the price will continue at the bullish trend because price trade above 84.81 and that level is important for Oil but to confirm the bullish trend should stable above 87.83 and then will help the price to reach the suggested target 89.50 and 91.67
for reminder , consolidation under 84.81 it will forced the price to be under sell pressure to visit the pervious broken areas 83.53 and 82.32 and then rise up
The expect range trading for today it will be between resistance line 87.83 and support line 84.81
Support line : 84.81 , 83.53
resistance line : 87.83 , 89.50
Thank you for considering my analysis and perspective and If this post was useful to you , don't forget to subscribe and like ❤️
as we expected from the previous idea , as long as price trade above 84.81 level the price will be continue at the bullish trend and price reached our second target
Now, the same analysis , the price will continue at the bullish trend because price trade above 84.81 and that level is important for Oil but to confirm the bullish trend should stable above 87.83 and then will help the price to reach the suggested target 89.50 and 91.67
for reminder , consolidation under 84.81 it will forced the price to be under sell pressure to visit the pervious broken areas 83.53 and 82.32 and then rise up
The expect range trading for today it will be between resistance line 87.83 and support line 84.81
Support line : 84.81 , 83.53
resistance line : 87.83 , 89.50
Thank you for considering my analysis and perspective and If this post was useful to you , don't forget to subscribe and like ❤️
Note
US OILAs we expected from the previous idea the price will be continue at the bullish trend and price rise up and visit the resistance line 87.83
so now 87.83 level is important to be continue at the bullish trend so should price stable above it then our target will be activate
the expect range trading for today it will be between resistance line 87.83 and support line 86.15
Additionally , today news will affect the market
support line : 86.15 , 84.81
resistance line : 87.83 , 89.50
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