Technical Analysis For Crude Oil Today 11-07-2019 23:00:03

In 1 hour chart Crude Oil price continues to trade at 4131 and above the (Exponential Moving Average)EMA200 value of 3994.9 and keeps its stability above until now, while 1 hour MACD Of 12,26,9 is in Sell mode. Therefore, we will keep our Buy overview conditioned by the price stability above

However, if Crude Oil continues to trade above level, that could be an extraordinarily Bullish sign for Crude Oil

Even so, the 200-candle Exponential moving average (EMA) price range of 3994.9 is proving a tough nut to crack.

Pivot (invalidation): 4083.67

Our preference: Long positions above 4150.33

Alternative scenario: Below 4047.33 look for further downside.

Support Resistance Levels For Crude Oil Today at 11-07-2019 23:00:03

Pivot: 4083.67

Resistance 1: 4150.33

Resistance 2: 4186.67

Resistance 3: 4253.33

Support 1: 4047.33

Support 2: 3980.67

Support 3: 3944.33

Yesterday High Low Close For Crude Oil

Yesterday High: 4120

Yesterday Low: 4017

Yesterday Close: 4114

Today at 11-07-2019 23:00:03 Crude Oil trading at 4131 with high of 4167 and low of 4124

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