Technical Analysis For Crude Oil Today 18-07-2019 12:00:03

by wealthmann

July 18, 2019

0

In 1 hour chart Crude Oil price continues to trade at 3909 and below the (Exponential Moving Average)EMA200 value of 4023.46 and keeps its stability below until now, while 1 hour MACD Of 12,26,9 is in Sell mode. Therefore, we will keep our Sell overview conditioned by the price stability below

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

Even so, the 200-candle Exponential moving average (EMA) price range of 4023.46 is proving a tough nut to crack.

Pivot (invalidation): 3947

Our preference: Long positions above 4001

Alternative scenario: Below 3879 look for further downside.

Support Resistance Levels For Crude Oil Today at 18-07-2019 12:00:03

Pivot: 3947

Resistance 1: 4001

Resistance 2: 4069

Resistance 3: 4123

Support 1: 3879

Support 2: 3825

Support 3: 3757

Yesterday High Low Close For Crude Oil

Yesterday High: 4015

Yesterday Low: 3893

Yesterday Close: 3933

Today at 18-07-2019 12:00:03 Crude Oil trading at 3909 with high of 3911 and low of 3899