Technical Analysis For Crude Oil Today 22-07-2019 20:00:03

In 1 hour chart Crude Oil price continues to trade at 3882 and below the (Exponential Moving Average)EMA200 value of 3974.42 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 3974.42 is proving a tough nut to crack.

Pivot (invalidation): 3833.33

Our preference: Long positions above 3881.67

Alternative scenario: Below 3793.67 look for further downside.

Support Resistance Levels For Crude Oil Today at 22-07-2019 20:00:03

Pivot: 3833.33

Resistance 1: 3881.67

Resistance 2: 3921.33

Resistance 3: 3969.67

Support 1: 3793.67

Support 2: 3745.33

Support 3: 3705.67

Yesterday High Low Close For Crude Oil

Yesterday High: 3873

Yesterday Low: 3785

Yesterday Close: 3842

Today at 22-07-2019 20:00:03 Crude Oil trading at 3882 with high of 3942 and low of 3864

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