Crude Oil Trend Today Technical Analysis for 04-11-2019 23:00:05

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In 1 hour chart Crude Oil price continues to trade at 4043 and above the (Exponential Moving Average)EMA200 value of 3905.71 and keeps its stability above until now, while 1 hour MACD Of 12,26,9 is in Buy 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 3905.71 is proving a tough nut to crack.

Pivot (invalidation): 3906.67

Our preference: Long positions above 3970.33

Alternative scenario: Below 3867.33 look for further downside.

Support Resistance Levels For Crude Oil Today at 04-11-2019 23:00:05

Pivot: 3906.67

Resistance 1: 3970.33

Resistance 2: 4009.67

Resistance 3: 4073.33

Support 1: 3867.33

Support 2: 3803.67

Support 3: 3764.33

Yesterday High Low Close For Crude Oil

Yesterday High: 3946

Yesterday Low: 3843

Yesterday Close: 3931

Today at 04-11-2019 23:00:05 Crude Oil trading at 4043 with high of 4064 and low of 3946

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